Norwegian biometric technology company Zwipe has supplied the first order of its second-generation biometric inlay for smart cards.
Without divulging the name of the client, Zwipe said that the order involved the delivery of “a few thousand units”.
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The order, according to Zwipe, will offer revenues of about half a million NOK in the third quarter of the fiscal year.
Zwipe CEO Andre Løvestam said: “Zwipe’s biometric payment platform is the most widely live-tested solution in the marketplace and it has been progressively updated in terms of performance and cost.
“We are supporting our customers toward achieving a mass-marketable roll-out of their biometric payment cards.”
Last year, Zwipe teamed up with Cypress Semiconductor to develop its biometric card inlay technology.
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By GlobalDataZwipe claims that the new technology will slash the power consumption of its inlay solution by around 70%.
Earlier this month, Zwipe partnered with French security and identity solutions provider IDEMIA to bring new biometric payments card platform to the market.
Thailand-based dz card International also signed a partnership with Zwipe recently to roll out biometric payment solutions.
In June, Zwipe expanded its non-exclusive partnership with Infineon Technologies to tap the growing biometric card market.
