EduBourseActualitésGemplus delivers GemInstant™ for PayPass™ contactless payment in the US market

Gemplus delivers GemInstant™ for PayPass™ contactless payment in the US market

Luxembourg and Horsham, PENNSYLVANIA, 6 October 2005 – Gemplus International S.A. (Euronext: LU0121706294 – GEM and NASDAQ: GEMP), the world’s leading provider of smart card solutions, today announced that one of the top ten leading banks in North America has selected Gemplus’ GemInstant™ cards for its contactless payment program.

GemInstant cards leverage contactless technology to simplify payment for small value transactions in venues where speed is essential. The cards are MasterCard® PayPass™ compliant and contain a built-in chip and antenna that uses short range radio waves to allow cardholders to simply tap their card on a specially-equipped terminal to securely transmit account details.

Ernie Berger, President of Gemplus North America, stated “We are proud to deliver GemInstant cards to support the contactless payment strategies of our customers. And we are delighted that the GemInstant contactless cards will be produced at Gemplus’ recently enhanced card manufacturing facility in Pennsylvania. We look forward to supporting a market which is poised for significant growth.”


About Gemplus

Gemplus International S.A. (Euronext: LU0121706294 – GEM and NASDAQ: GEMP) is the world’s leading player in the smart card industry in both revenue and total shipments (source: Gartner-Dataquest (2004), Frost & Sullivan, Datamonitor). It has sold over 5 billion smart cards.
With security at its core, and 2400 patents and patent applications produced by its innovative R&D team, Gemplus delivers a wide range of portable, personalized solutions in areas including Identity, Mobile Telecommunications, Public Telephony, Banking, Retail, Transport, Healthcare, WLAN, Pay-TV, e-government, and access control.
Gemplus’ revenue in 2004 was 865 million Euros.

For more information

Steve Lacourt
Gemplus Financial Services Business Unit
Tel: +32 (0) 2 711 48 20
Email: [email protected]

Rebecca Naysan
Tel: +1 (0) 212 704 8245
Email: [email protected]

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.