Universities, for example, would be able to offer faculty and students secure access to university facilities such as dormitories and laboratories, while also using the same card as an ID and for purchases. The card will also have the ability to combine workplace IDs and security access cards with payment cards providing only one card to employees instead of two.
Those involved in the pilot can make purchases and enter their secure work location using a US Bank AccelaPay Visa Card, a prepaid payroll account. The cards contains the MicroPass 4006 platform consisting of two applications: the Visa payWave application, which allows for contactless payment at the point of sale, and the HID iCLASS application, which allows for contactless access to secure facilities at US Bank.
Dominic Venturo, Chief Innovation Officer of US Bank Retail Payment Solutions, said: “we are always looking for new and innovative ways to improve the overall experience for our customers and business partners. By working with our business partners, we have been able to bring several technologies together to simplify the end solution for the cardholder.”
US Bank worked closely with several organizations like CPI Card Group – a global player in financial and commercial card production and services, HID Global – provider of solutions for the delivery of secure identity, INSIDE Contactless – provider of open-standard contactless chip technologies, and Visa Inc., to create this multifunctional card.
