Visa Offers LoA to Inkript for Its Biometric Payment Card

Visa Offers LoA to Inkript for Its Biometric Payment Card
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Inkript, a Lebanon based organization providing tailored digital security solutions including security printing, trusted identifications, and smart cards. Initially, it was launched as a security print house, and then over the years it transformed itself into an international provider of secured solutions telecom operators, financial organizations, and governments across the world.

Riad Itani, Managing Director, Inkript, stated, “We are pleased to receive the Visa LoA allowing the issuance and deployment of our biometric cards anywhere in the world. This LoA also comes at a timely point with the strong interest from issuers in the MEA region to launch biometric payment cards based on the Zwipe Pay platform. Many banks have already signed with us, and we are ready to meet their expectations across the region. This is an important milestone in our journey towards developing biometric solutions for the Fintech industry in the region thus enabling a secure and seamless user experience.”

It unveiled that Visa has provided Letter of Approval (LoA) for its biometric system made on the platform of Zwipe Pay. The Approval Letter will enable Inkript’s consumers will the biometric payment cards across the world that will work seamlessly throughout the global payment network of Visa. These cards are made to meet the strong market demand of security industry through biometric authentication.

Ramzi Saboury, General Manager, Zwipe, Middle East & Africa, commented, “We are pleased to see that Inkript, as the first card manufacturer in the MEA region, has now received the Visa LoA for their biometric cards based on the Zwipe Pay platform. Achieving this milestone has had a very positive impact on the commercial rollout of Zwipe Pay-enabled biometric payment cards in the region. On behalf of everyone at Zwipe, I congratulate the team at Inkript on this achievement.”

Zwipe builds biometric card and wearable technologies for payment, physical, and logical access control and identification solutions. We bring frictionless and deep insight solutions to our consumers offering a seamless user experience.

Read: Prove Identity is Now a Part of VISA Ready for BNPL Program

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