Intellect Electronics, Inc., a leading provider of smart card enabling terminals and solutions, and Giesecke & Devrient America, Inc. (G&D America), a world leader in the development of cards and card systems, Thursday announced a joint marketing agreement to increase the acceptance of smart card and electronic payment systems.
The non-exclusive agreement will provide the expanding Americas electronic commerce market with unified solutions from Intellect and G&D America featuring seamless connections between smart cards and terminals.
The agreement allows for a more comprehensive consultation approach with customers in the early stages of project development.
The combination of joint technical development and leading terminals from Intellect and G&D America provide customers with increased opportunities for multi-function cards and multi-application schemes.
The combined systems will feature an open architecture that is integrated and transparent to the customer or user.
“G&D America and Intellect are working closely together with the goal of combining our unique and complementary products and solutions to create transparent electronic payments applications for the customer,” said Volker Bartholomaei, president of G&D America.
“The joint marketing agreement demonstrates both companies’ commitment to enabling greater acceptance of smart card systems through solution integration, loyalty programs, and joint project management and marketing efforts.”
As part of the agreement, G&D America is integrating Intellect’s 8515–an ergonomic, multiple scheme terminal with a powerful 32-bit processor and up to 2 MB of memory– into enhanced versions of G&D’s smart card dispensing machine.
The combined solution will provide stored value load-on-dispense and post-dispense card revalue capabilities in a single terminal.
“We see the relationship with G&D America as a natural fit for product implementation and marketing programs to support more complete and accepted payment and transaction solutions,” said Thomas G. Ream, president of Intellect Electronics, Inc.
“We can provide integrated solutions and take advantage of our combined expertise to serve an expanding base of customers and card applications.”
As part of their marketing effort, G&D America and Intellect have developed a variety of templates for smart card payment schemes, including customer loyalty programs.
The companies also will conduct joint customer calls and provide project management support in addition to delivering enhanced services and solutions for electronic payments and transaction processing customers.
About Giesecke & Devrient
Giesecke & Devrient GmbH is a world leader in the development and production of cards and card systems, including microprocessor, memory, and magnetic stripe cards.
A privately-held Munich-based corporation, Giesecke & Devrient employs 4,300 people worldwide in Germany, Belgium, Spain, Mexico, China, Russia, Singapore, Australia, South Africa, Canada, and the United States.
The rapidly expanding G&D America manages 950 employees and is a wholly- owned subsidiary of Giesecke & Devrient.
The Virginia-based company focuses its North American sales and development efforts on products for G&D’s Card and Card Systems Division and its pioneering currency processing systems which are used by major central banks and leading commercial banks throughout the world.
As one of the largest manufacturers of secure magnetic stripe and chip cards in North America, G&D America operates production and research facilities in Cleveland, Ohio; Bedford, Mass.; and Philadelphia; as well as in Toronto and Mexico City.
For further information, please contact G&D’s home page at .
Intellect Electronics, Inc. is a subsidiary of Intellect Holdings, Ltd., a publicly-traded Australian corporation. Intellect products range from smart card readers, payment systems, electronic wallets and mobile terminals to cryptographic processors that secure facilities such as banking networks.
Intellect products are sold in more than 25 countries, including Brazil, The Netherlands, Belgium, Norway, Australia, Singapore, and the U.S. For further information, contact Intellect’s home page at .Details