More than 100 million MULTOS chips shipped in 2011

Posted on 20 February, 2012 in Category Industry news, Multos in the news

27th February 2012, London – MULTOS technology providers saw a record breaking 2011 with over 100 million chips being delivered to customers in just one year, bringing the current MULTOS issuance total to well in excess of 300 million cards, reports MAOSCO Ltd., the Secretariat of The MULTOS Consortium.

MULTOS products are deployed in markets that require the security, flexibility, ease of issuance and open supply chain that are the hallmarks of the MULTOS platform; especially suited to EMV migration, government ID and embedded security markets.  The 2011 results were predominantly related to the significant uptake of MULTOS cards within the banking industry for EMV migration, covering all the global payment brands and now including numerous local and regional ATM/debit card schemes.
  
Dave Meadon, Chairman of The MULTOS Consortium Council, comments “It has been a phenomenal year for MULTOS.  These 2011 results show that MULTOS is recognised as a trusted platform for the payments business around the world. MULTOS’s presence within the ID market also remains strong with a number of fully established National Identity implementations in place.  As a growing group of organisations dedicated to maintaining, developing and promoting MULTOS, the MULTOS Consortium is committed to ensuring that this platform continues to meet the ever evolving needs of the payments, identity, and other markets.”

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