Infineon provides its SOLID FLASH SLE 77 security controller to Net1’s subsidiary Cash Paymaster Services for implementing this service.
The project started in April 2012 and Net1 began issuing the first smart cards in June. The card enables more than ten million South African citizens to securely receive their social grants on the issued chip cards with less administrative expenses.
The application is based on Infineon’s SOLID FLASH SLE 77 security controller equipped with asymmetric data encryption. This enables secure storage of data and identification of the cardholder by fingerprints stored on the chip.
The smart card system is based on Net1’s Universal Electronic Payment System, or UEPS, which is a biometric payment technology designed to provide financial services to citizens without access to a bank account.
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Quelle/Source: SecureIDNews, 12.07.2012
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