OT strengthens its portfolio in Austria with debit cards integrating the local Quick Electronic Purse

Oberthur Technologies (OT), a leading global provider of embedded security software products, services and solutions today announced the strengthening of its portfolio for the Austrian debit market by providing rechargeable debit cards integrating the Quick Electronic Purse loaded on OT's latest contact and contactless cards.

This Austria-wide electronic purse service enables cashless micro payments at small retailers and vending machines. The card is inserted into a terminal or can be waved in front of it, if it is contactless. Then the customer confirms its purchase by pushing a button on the keypad. No need for a PIN code or signature.

In this project, OT provides its multi-applicative and contactless debit card, running the Quick application. This card enables cardholders to make micro payments, but can also feature other functionalities such as loyalty, transport and access control.

"At OT, we are delighted to have been selected by Payment Service Austria to provide our multi-applicative debit card embedding the Quick e-purse application. Thanks to OT's technology, cardholders in Austria will enjoy micro payments in a secure, convenient and quick way"

said Eric Duforest Managing Director of the Financial Services Institutions Business at OT.

OT is a world leader in embedded digital security that protects you when you connect, authenticate or pay.
OT is strategically positioned in high growth markets and offers embedded security software solutions for "end-point" devices as well as associated remote management solutions to a huge portfolio of international clients, including banks and financial institutions, mobile operators, authorities and governments, as well as manufacturers of connected objects and equipment.
OT employs over 6 300 employees worldwide, including almost 700 R&D people. With a global footprint of 4 regional secure manufacturing hubs and 39 secure service centers, OT's international network serves clients in 140 countries. For more information: www.oberthur.com

Oberthur Technologies
Audrey Besnardeau
Tél. : +33 1 78 14 76 75

Hadrien Le Roux / Elise Cognacq
Tél. : +33 1 86 21 50 83 / +33 1 86 21 50 67
hadrien.leroux@elanedelman.com / elise.cognacq@elanedelman.com