STMicroelectronics has announced it has completed EMVCo certification for its STPay-Topaz-Bio biometric payment card platform. Certification confirms the security of the platform and its interoperability with payment systems. Mastercard and Visa payment schemes certifications are expected by early 2023. The achievement makes STPay-Topaz-Bio and the underlying secure hardware the first one-stop-shop EMVCo-certified platform to comprise a biometric secure element and secure operating system. The market for biometric payment cards is forecasted to grow at over 200% CAGR through 2026.
Published first on TheFly
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