Amsterdam, Aug. 31, 2016-Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been chosen by Gazprom Neft to increase the security and user convenience of their loyalty and prepaid fuel cards using the white label EMV-based ...
Amsterdam, Aug. 31, 2016 - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been chosen by Gazprom Neft to increase the security and user convenience of their loyalty and prepaid fuel cards using the white label EMV-based Gemalto Optelio PURE dual interface solution. Gazprom Neft is one of the largest oil producers in Russia and CIS with more than 1,700 filling stations. New contactless cards are accepted in GazProm Neft's up-to-date terminals supplied by Ingenico and are supported in GazProm Neft's fleet card processing solution supplied by OpenWay.
Gazprom Neft's 'On our way/Going the same way' loyalty and prepaid fuel cards have successfully attracted more than 6.7 million members across 29 different regions. The new cards have been deployed since early 2016 and enable Gazprom Neft to leverage the optimized, banking-level security of the internationally recognized EMV standard, reducing the risk of fraud. This future-proof, scalable solution establishes a clear road map for the adoption of enhanced card functionality, and the roll-out of further value-added benefits for their customers.
The cards are fully compliant with the EMV standard for financial cards and are used within Gazprom Neft's private acceptance network, thus saving on fees induced by traditional card schemes. Gazprom Neft retains complete control over its own and proprietary deployment. In addition to core EMV benefits, the introduction of contactless transactions delivers optimal speed and convenience for the card holders.
"Embracing the EMV ecosystem and contactless technology provides Gazprom Neft with a clear road map for future business development," said Philippe Cambriel, President for Europe, Mediterranean and CIS at Gemalto. "The introduction of contactless cards and terminals offers a significant step forward in speed, convenience and durability. They have also laid the foundations for the adoption of mobile payments and are now ideally placed to serve and support a fast-emerging generation of smartphone-centric consumers."
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Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2015 annual revenues of €3.1 billion and customers in over 180 countries. We bring trust to an increasingly connected world.
Our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.
Gemalto's solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software - enabling our clients to deliver secure digital services for billions of individuals and things.
Our 14,000+ employees operate out of 118 offices, 45 personalization and data centers, and 27 research and software development centers located in 49 countries.
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Europe & CIS
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Source: Gemalto via Globenewswire
Source(s) : Gemalto