EDGE Mobile Payments has announced it’s partnering with Nuvation Engineering, a leading electronic design services company, to develop its flagship product: the EDGE card.
According to a press release, the companies are working together to make the EDGE card the most advanced payment card within the FinTech market.
Some of its features will include a full color touchscreen, digital storage of multiple credit and debit cards and biometric verification security. It will also include financial management options, including real-time account information and digital receipt storage, as well as “Credit Assistant” account optimization software that will recommend which card a consumer should use based on their FICO credit score, interest rates and rewards programs.
The card will be usable with existing magstripe POS terminals, EMV chip readers and touchless payments.
“Creating a complex digital payment card is no easy task,” said Michael Worry, CEO of Nuvation Engineering. “Yet our team of engineers working in tandem with the EDGE Mobile Payments team is fully capable of creating this dynamic, unique payment card.”
The Santa Cruz-based EDGE Mobile Payments selected Nuvation Engineering because of the company’s experience creating complex technology consumer products and helping deliver them to market.
“We looked at numerous other engineering firms before deciding on Nuvation,” said Founder and CEO of EDGE Mobile Payments, Peter Garrett. “Based on Nuvation’s past success creating complex hardware, we’re confident Nuvation will help us realize our vision for a revolutionary new personal payment card.”