Angola-based payments processor Empresa Interbaricária de Serviços (EMIS) has partnered with Gemalto to migrate its debit payment cards to EMV ‘Chip and PIN’ security standard.
EMIS will utilise Gemalto’s PURE white label payment solution to facilitate the migration and ensure enhanced fraud protection for all of its customers’ domestic card transactions across the country.
The payment solution is designed to provide contact, contactless and mobile payments. It can be used with any EMV back-end system, POS terminal or ATM.
EMIS CEO Jose Gualberto de Matos said: “Angola has a fast-growing and progressive financial services sector, and we are committed to introducing the full benefits of EMV as quickly as possible.
“PURE offers a one-stop solution, and clear roadmap to new contactless and mobile payments for Angolan consumers.”
EMV cards eliminate the need for magnetic stripe payment technology through encryption of sensitive data on a chip integrated within the payment card, allowing ‘tap and go’ purchases.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Gemalto Africa, Middle East and CIS senior vice-president Nassir Ghrous said: “Payment processors are increasingly looking to achieve greater independence for their domestic schemes.
“Already proven in over 30 national programmes, PURE provides EMIS with a future proof and scalable solution that can grow in line with the evolving Angolan market.”