Gemalto, a Netherlands-based digital security firm, has announced that InterSwitch, a Nigeria-based electronic payment solution provider, is deploying its Dexxis Instant Issuance solution for chip migration in Nigeria. InterSwitch member banks are expeced to replace 30 million magnetic stripe cards in the next few years.
Gemalto claimed that the solution enables InterSwitch members to carry out on-the-spot personalization and delivery of chip cards to their customers, directly at their branches. With Dexxis Instant Issuance, customers can use their card immediately after issuing at the bank’s branch.
Mitchell Elegbe, Managing Director, InterSwitch, said: “Gemalto has been assisting us in our transition to chip-and-PIN cards right from the start and Dexxis Instant Issuance will be a valuable asset to boost our migration project.”
Philippe Cambriel, Executive Vice-President of the Secure Transactions Business Unit at Gemalto, said: “We have been able to install and qualify the entire solution in just two months, enabling InterSwitch to offer the instant issuance service to its member banks.”
