Zwipe releases public demo of Zwipe Pay ONE

Rhea-AI Summary

Zwipe has publicly demonstrated its innovative Zwipe Pay ONE, the world's first Single Silicon Biometric System on Card, aimed at enhancing contactless payment security. This groundbreaking development allows users to authorize transactions using their fingerprints, addressing privacy concerns inherent in traditional methods. The announcement follows their first quarter 2021 operational update, with a webcast scheduled for April 28, 2021. Zwipe seeks to transform the payments landscape by offering a biometric solution that emphasizes convenience and data security.

Positive

• Launch of Zwipe Pay ONE, a novel biometric payment card system.
• Addresses security and privacy concerns in traditional payment methods.

Negative

• None.

OSLO, Norway, April 28, 2021 /PRNewswire/ -- In connection with our first quarter 2021 update, Zwipe is today for the first time publicly demonstrating the world's first Single Silicon Biometric System on Card that is being offered to card manufacturers globally – namely Zwipe Pay ONE.   

Here is a link to the demo. 

A first quarter operational update webcast will be given at 12:00 CEST today. You can register for the presentation by sending an email to events@arctic.com.  

About Zwipe 

Zwipe is pioneering the next generation contactless payments experience, providing biometric payment cards components and wearables technology that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is "Making Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions address the hygiene and data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, with a global presence, Zwipe is leading the next great shift in payments from contactless to contact free. To learn more, visit www.zwipe.com

For further information, please contact:
André Løvestam
CEO
+47 991 66 135
ir@zwipe.com

 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/zwipe-as/r/zwipe-releases-public-demo-of-zwipe-pay-one,c3335055

The following files are available for download:

https://mb.cision.com/Main/18194/3335055/1408600.pdf	Zwipe releases public demo of Zwipe Pay ONE
https://news.cision.com/zwipe-as/i/zwipe-demo,c2906188	Zwipe Demo

 

View original content:http://www.prnewswire.com/news-releases/zwipe-releases-public-demo-of-zwipe-pay-one-301278683.html

SOURCE Zwipe AS

FAQ

What is Zwipe Pay ONE?

Zwipe Pay ONE is the world's first Single Silicon Biometric System on Card, designed to enhance security in contactless payments.

When was Zwipe Pay ONE announced?

Zwipe Pay ONE was publicly demonstrated on April 28, 2021.

How does Zwipe Pay ONE improve payment security?

It allows users to authorize transactions using their fingerprints, which enhances privacy and security.

What is the significance of Zwipe's public demo?

The public demo showcases Zwipe's commitment to pioneering biometric payment technology in the financial services sector.

What company is behind the Zwipe Pay ONE product?

Zwipe AS is the company behind the Zwipe Pay ONE biometric payment card.