In a significant milestone for OTP Banka, ETRANET Group has completed the necessary implementation and updates to enable the personalisation of EMV cards using IDEMIA’s VISA and MasterCard chip solutions.
This achievement underscores the collaborative efforts of ETRANET Group, OTP Banka, AKD, and IDEMIA to modernise and enhance OTP Banka’s card personalisation capabilities.
IDEMIA, a global leader in identity technologies, brings cutting-edge solutions to OTP Banka’s payment card portfolio.
These advancements ensure OTP Banka’s customers enjoy a unique and premium experience while reinforcing the bank’s commitment to innovation and sustainability.
The project required seamless coordination among several key stakeholders: ETRANET Group, OTP Banka, AKD, and IDEMIA.
With IDEMIA’s support, the teams navigated the complex implementation process, culminating in the successful completion of Product Validation Testing (PVT) and all necessary certifications.
These milestones serve as prerequisites for production deployment and migration.
This collaboration demonstrated effective teamwork and problem-solving, ensuring that the process adhered to the highest standards in banking and payment technologies.
IDEMIA’s chips will coexist with the currently deployed Gemalto (Thales) chips for which ETRANET and AKD customized OTP Banka’s data preparationaand card personalization system to support the simultaneous personalisation of both vendors’ chip cards.
This dual-vendor strategy provides OTP Banka with flexibility and resilience as it transitions to IDEMIA chips while maintaining support for Gemalto chips.
IDEMIA’s EMV card solutions are certified to meet the highest security standards.
By leveraging advanced cryptography, biometrics, and in-house chip design capabilities, IDEMIA enhances the security, functionality, and convenience of OTP banka’s payment cards. These advancements align with the bank’s mission to provide secure and reliable payment solutions to its customers.
This successful implementation of IDEMIA’s chip solutions reflects the strength of the collaboration between OTP banka, ETRANET Group, AKD, and IDEMIA. It marks another step forward in OTP banka’s journey to provide innovative and secure payment solutions for its customers.
