OSLO: IDEX Biometrics ASA has received an order for 300,000 units from its partner Zwipe, a leading biometric fintech company.
The order, of 300,000 units, of IDEX’s TrustedBio (TM) fingerprint sensors, will support the roll-out of Zwipe’s Pay ONE platform to a growing list of smart card manufacturers and card issuers in Europe, the Americas and Asia.
A Pay ONE platform deployment, with IDEX’s next generation fingerprint sensor, will be among the best performing and most cost-effective biometric payment card solutions in the marketplace.
This marks the first commercial order since the two companies signed a Channel Partner Agreement earlier in 2020.
“We are delighted to receive this sizeable order. The order is a very encouraging start to our recent partnership with Zwipe. We, and Zwipe, firmly believe the combination of the Pay ONE platform with IDEX’s TrustedBio sensor is a leading solution just as the market for biometric smart cards begins to ramp up,” said Vince Graziani, CEO of IDEX Biometrics.
Vince added, “We look forward to a long term and mutually beneficial partnership”.
IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal touch-free authentication for all.