Datacard Group, a provider of secure ID and card personalization solutions, has announced an equity investment and strategic partnership with DeviceFidelity, makers of the In2Pay mobile payments solution.
As per the agreement, Datacard will offer DeviceFidelity’s In2Pay suite of solutions, enabling financial institutions and wireless carriers to issue customers a credit, debit, prepaid or multi-account mobile wallet that can be used wherever contactless payments are accepted.
DeviceFidelity’s In2Pay solution uses an NFC-enabled microSD card to transform any smart phone with a microSD slot into a contactless payment device. The company also offers a protective case for iPhones, called iCaisse, that hooks up with the In2Pay microSD card to enable payments.
Datacard is joined by Dallas Venture Partners, a Dallas-based financial firm, as an equity partner in DeviceFidelity.