Inside Contactless, a provider of contactless chip technologies, has teamed up with American Banknote Brazil to produce a
MasterCard
type-approved contactless payment card for this growing market.
Inside is supplying American Banknote (ABnote)
Brazil
with its MicroPass 4003, a contactless payment processor designed from the ground up for MasterCard PayPass applications, and has worked closely with them to obtain type approval, implement in-house pre-personalization capabilities and ensure their products achieve optimal performance.Bertrand Moussel, executive vice president of sales at Inside Contactless for
Latin America
, said: "Our partnership with American Banknote Brazil opens the door to the contactless payments market in
Brazil
for us in a very big way, and is the latest example of our successful global expansion strategy."
Jose Mauro
, vice president of the card division for ABnote Brazil, added: "Inside's compliance with contactless payment specifications and their technical support helped ensure that we quickly obtained type approval for MasterCard PayPass."
