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NEWS DIGEST: Garanti Bank selects Gemalto for deployment of cards.

Europe Intelligence Wire

| January 31, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(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 ...

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