CHANTILLY, Va. --Oberthur Technologies, a provider of embedded security software products and services, has released its new multi-payment dual interface card developed on OT’s Global Platform and Java-based operating system.
According to Oberthur, its COSMO Fly v5.8 is the first dual interface product that includes the latest features from both Visa and MasterCard. It is the first MasterCard M/Chip Advance v1.2 certified products with multi-application requirements and also conforms to the VISA 2.8.1g certification which fulfills Visa’s new 12-year EMV Card Lifecycle Policy, the company said, adding, “these specific applets make this product fully compliant for US dual debit and prepaid migration.”
“Built on OT’s COSMO family of products, the COSMO Fly v5.8 includes the latest security features improving its operating system to enable OT’s customers to securely roll out their products in the field,” the company said. “Foreseeing the convergence between payment and transit markets, OT has enhanced non-payment functions including MIFARE and Cipurse features to be used in automated fare collection transit systems globally. Moreover, the new applets also allow OT’s customers to address open payment in transit.”