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Payments, Banking Technologies, Capital Markets...
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| August 4, 2009 | in: Cards |
Watchdata has already issued more than ten million multi-application smart cards to various card issuers in Singapore. Currently it is the only card vendor capable of supplying fully CEPAS-compliant cards.
Watchdata has become the first vendor to comply fully with the Singapore Standard for Contactless ePurse Application (CEPAS), winning contracts to supply smart cards for a nationwide application in Singapore. In addition to being CEPAS-compliant, the company’s TimeCOS® contactless smart card solution conforms to the highest level of security, CC EAL5+.
In Singapore, people are able to use CEPAS-compliant cards for contactless payment for goods and services that include contactless payment of local transport services, vending machine, fast food restaurants and convenience stores.