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(From Electronic Payments International)
European smart card manufacturer Gemalto is providing Turkish bank Garanti with Europe's first smart banking cards featuring EMV technology, loyalty schemes and contactless payment capability.
Gemalto has been a major supplier to Garanti Bank since 2000 and has already provided the bank with several million of its multi-application smart cards, which incorporate EMV-compliant credit functions and a loyalty programme. Gemalto is now upgrading Garanti's BonusCard with the MasterCard PayPass contactless functionality.
Reha Emekli, vice-president of Garanti Payment Systems, said: "Gemalto's extensive experience provides a reliable and ...