This card, developed on OT’s Global Platform, is the first of its type that includes new features from both Visa and MasterCard. It combines MasterCard M/Chip Advance-certified products with multi-application requirements, but it also follows Visa certification that fulfills its new 12-year EMV Card Lifecycle Policy. What this does is enable the product to be fully compliant for U.S. dual debit and prepaid migration.
“Being at the forefront of innovation and security is the DNA of OT. We bring our customers innovative cards with new features, leveraging dual interface technology to widen usage for cardholders, keeping in mind that competitiveness and security are the main drivers for our customers’ roadmaps,” said Eric Duforest, managing director of the financial services institutions business at OT.
The card also offers security features said to improve its operating system to enable OT’s customers to launch their products in a secure manner into the field. The cards OT manufactures in the United States come from its ISO 9001-certified manufacturing facility in southeast Pennsylvania, which has produced over a quarter of a billion chip cards.
“Built on the contactless or 'tap-and-go' technology, EMV dual interface technology aims at speeding up shoppers’ checkout times. We are glad to see MasterCard partners like OT setting the tone by quickly delivering our customers with U.S. debit approved products based on MasterCard latest M/Chip Advance specifications,” said Chiro Aikat, senior vice president of product delivery and EMV for MasterCard.