MULTOS ships 100M cards in 2011
28 February, 2012
category: Financial
MULTOS technology providers saw a record breaking 2011 with over 100 million chips being delivered to customers in just one year, bringing the current MULTOS issuance total to well in excess of 300 million cards, reports MAOSCO Ltd., the Secretariat of The MULTOS Consortium.
MULTOS products are deployed for EMV migration, government ID and embedded security markets. The 2011 results were related to the uptake of MULTOS cards within the banking industry for EMV migration, covering the global payment brands and now including local and regional ATM/debit card schemes.