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21/09/2020

Zwipe partnership sets up for mass biometric payment card production

Oslo, Norway

Zwipe and Cardmatix Ltd., a leading supplier of card manufacturing equipment, are partnering to collaborate on the design, development and commercialisation of equipment and modular solutions to support milling and embedding of fingerprint sensors for biometric payment card manufacturing at mass volumes.

Headquartered in Dongguan, China, Cardmatix is a leading player in the development of industrial manufacturing and testing equipment specifically for mass production of payment cards.

“We have cooperated closely with Zwipe through our sister company Silone Cardtech, and we are convinced the biometric payment card market is poised for mass-volume take-off. Our industrial solutions will make smart card manufacturers’ job of producing millions of biometric payment cards much more cost-efficient thanks to the unique insights shared by Zwipe’s technical team,” said Cardmatix CEO, Mr. John Wu.

Zwipe has a long-standing collaboration with Silone Cardtech. The Chinese market is expected to see strong payment card growth with many established stakeholders fast-tracking their capacity to support demand.

“This is an important step in preparing our supply chain and global capacity to meet future demand. Cardmatix is one of the world’s most well-established high-volume card manufacturing equipment providers and we are excited to broaden our ability to serve our customers with their strong support.” said André Løvestam, CEO of Zwipe.


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