SMARTRAC PayPass inlays get high-level certificaiton
30 October, 2006
category: Contactless, Financial
SMARTRAC, has received MasterCard’s Card Quality Management certification for its PayPass inlays. The company is headquartered in Amsterdam but manufacutures most of its products in Thailand. Inlay capacity is reported to be in excess of 12 million units per month.
SMARTRAC ePayment inlays obtain MasterCard CQM-Certification
· Certification acknowledges SMARTRAC’s commitment to quality, secure production environment and capability of quick turnaround of high volume orders
· SMARTRAC established as market leader full range in segment
Amsterdam, 26 October 2006. SMARTRAC, a leading supplier of inlays for contactless credit cards (ePayment) today announced that its Pay Pass inlays obtained a MasterCard CQM-Certification. SMARTRAC’s facility, process and products have successfully completed MasterCard’s Card Quality Management scheme (CQM) audit – a corresponding CQM-Label has been granted to SMARTRAC’s PayPass inlays.
“As a leading manufacturer of inlays for PayPass and VISA Wave, SMARTRAC is committed to highest quality, secure production environment and quick turnaround of high volume orders,” said Manfred Rietzler, CEO of SMARTRAC N.V. “In the same way as SMARTRAC is committed to quality, it is committed to security and capacity”, Rietzler added. With a capacity of over 12 million units per month, SMARTRAC is the biggest manufacturer in the field of secure RFID inlays. SMARTRAC got actively involved into MasterCard’s Card Quality Management scheme, CQM, in early 2005 in order to support the card manufacturers in the rapid creation of new ePayment products at lower cost. By simply entering SMARTRAC’s CQM-Code into the product matrix, mandatory to all ePayment products, the card manufacturer can identify the inlay and its compliance to MasterCard’s quality requirements.
With the MasterCard CQM Certification and the VISA Card certification as Chip Embedder, which was completed early this year, SMARTRAC is able to offer the full range of RFID inlay products for the Secure Payment industry and is the ideal manufacturing partner for the rapidly growing market of contactless ePayment.
