Chip card maker Bartronics India Ltd. has won a contract to provide cards and card readers for a smart card-based project that includes fingerprint biometrics for India's vast unbanked rural population, an official from the India-based vendor tells PaymentsSource.
“We have won the contract from the five associate regional banks of the State Bank of India,” he says.
According to the official, the project will cover villages in the operating area of the banks. “Our mandate is to issue 640,000 biometric contactless smart cards by March of this year,” he adds. “Villagers will be able to use their biometric cards at readers carried by correspondents of these banks to transact and also to access wages paid under social welfare schemes.”
View the Press Release from Bartronics (PDF)
“We have won the contract from the five associate regional banks of the State Bank of India,” he says.
According to the official, the project will cover villages in the operating area of the banks. “Our mandate is to issue 640,000 biometric contactless smart cards by March of this year,” he adds. “Villagers will be able to use their biometric cards at readers carried by correspondents of these banks to transact and also to access wages paid under social welfare schemes.”
View the Press Release from Bartronics (PDF)
