Amsterdam, Oct. 1 (Korea Bizwire) — Gemalto, the world leader in digital security, has been selected to supply EMV private label payment cards to AS24, a subsidiary of Total Group, one of the world’s largest integrated oil and gas companies. AS24 is replacing all its own-brand cards with Gemalto’s highly secure EMV Optelio smart cards which are accepted at AS24′s network of EMV terminals in 750 fuel stations across 27 countries. Gemalto’s complete solution includes personalization of AS24′s fuel cards.
The Optelio card enables fleet managers to monitor all aspects of individual card usage remotely and in real time. They can control the driver’s identity, the time and value of a fuel purchase, and the number of fills in a predefined period, all of which facilitates robust cost management and fraud reduction. Leveraging EMV technology, the verification of the card’s authenticity is carried out by the payment terminal itself. The transaction can therefore be processed even in the event of a network issue, so ensuring service continuity for AS24 customers.
“We selected Gemalto for their best-in-class team of EMV experts,” commented Bruno Daude-Lagrave, Chairman of AS24. “AS24 is extremely satisfied with the high quality of expert consultancy and support from Gemalto, who have guided us through every stage of our EMV migration process.”
“The retail sector is an important growth driver for Gemalto,” added Philippe Cambriel, President for Europe, Mediterranean and CIS at Gemalto. “Drawing on our proven track record in EMV migration projects for financial institutions, Gemalto is committed to supporting oil retailers such as AS24 when transitioning to EMV. We also plan to work with other types of retailers such as convenience stores as they’re planning to switch their private label portfolio to EMV.”
Source: Gemalto via ACN Newswire