OT Supports the MasterCard Aid Network by Providing Pre-Loaded Payment Cards

Oberthur Technologies (OT), a leading global provider of embedded
security software products, services and solutions, today announces its
support to the MasterCard Aid Network by providing pre-loaded chip cards
to give people in need access to basic necessities such as food,
medicine and shelter.

We are very proud at OT to contribute to the MasterCard Aid Network
to facilitate access for populations to first level aid around the world
using chip cards. OT’s chip card technology is a very convenient way of
easing aid distribution while maintaining a high level of security

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

To address the challenge humanitarian organizations face providing aid
in areas of political and economic unrest, MasterCard developed the
MasterCard Aid Network, an end-to-end, non-financial service designed to
streamline aid distribution even in the absence of a telecommunications
infrastructure. Enabled by MC Aid impacted populations can secure basic
needs swiftly with the simple insertion of a card.

Traditionally, aid distribution has relied on a paper voucher system
that is largely crippled by slow distribution and with a high risk of
fraud. To help modernize the system, OT provides chip cards pre-loaded
with authorization to a selection of goods based on a points value
system. Beneficiaries only have to insert their card into a dedicated
terminal, select the groceries and produce they are entitled to by
tapping the corresponding photos on a screen, and enter a PIN to
securely verify their transaction.

The MC Aid Network has been tested and proven in real-life situations
and has delivered greater efficiency and transparency beyond the
cumbersome traditional paper voucher model. Thanks to its wide network
of service centers, OT is able to deliver customized pre-loaded chip
cards in any place of the world, where aid is vital, on very short
notice.

ABOUT OBERTHUR TECHNOLOGIES

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

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