{"id":2322,"date":"2018-01-22T08:00:56","date_gmt":"2018-01-22T08:00:56","guid":{"rendered":"https:\/\/www.gtechbooster.com\/?p=2322"},"modified":"2023-06-21T11:44:09","modified_gmt":"2023-06-21T11:44:09","slug":"gemalto-to-provide-bog-with-pure-for-ghipss","status":"publish","type":"post","link":"https:\/\/gtechbooster.com\/gemalto-to-provide-bog-with-pure-for-ghipss\/","title":{"rendered":"Gemalto to provide BOG with PURE for GhIPSS"},"content":{"rendered":"\n

Digital security provider Gemalto is providing its PURE white-label payment solution to Ghana Interbank Payment and Settlement Systems, a subsidiary of Ghana\u2019s central bank that manages the country\u2019s interbank payment processing system.<\/p>\n\n\n\n

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The world’s largest manufacturer of SIM cards consultancy and technology will help speed up Ghana\u2019s migration to the enhanced security of EMV transactions (a payment method based upon a technical standard for smart payment cards and for payment terminals and automated teller machines that can accept them<\/span>) , and enable GhIPSS to offer its 41 member institutions comprehensive support for the introduction of domestic branded EMV cards.<\/p>\n\n\n\n

The PURE technology solution provides GhIPSS full control and independence over the creation and operation of a new domestic chip-based payment eco-system. <\/p>\n\n\n\n

The PURE EMV white label offer gives private label issuers or domestic schemes the ability to issue payment cards with total independence from other payment card associations.<\/p>\n\n\n\n

Full interoperability will be established between all of Ghana\u2019s stakeholders, including banks, merchants and end users. Furthermore, Gemalto and GhIPSS have defined together the domestic issuance and acceptance specifications that will greatly simplify the adoption of the new domestic chip card by the Ghanaian banking community.<\/p>\n\n\n\n

For end users, the PURE-based solution will ensure that all bank cards can be used at ATMs and POS terminals throughout Ghana, backed by the proven fraud protection of global payment standards.<\/p>\n\n\n\n

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\u201cGemalto is the preferred company to deliver a one-stop shop framework for our domestic EMV payment eco-system,\u201d \u201cIn addition to reducing fraud, PURE gives us greater flexibility as we strive to modernize Ghana\u2019s banking and payments sector.\u201d<\/p>\nsaid Archie Hesse CEO of GhIPSS.<\/cite><\/blockquote>\n\n\n\n

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\u201cThis project offers Ghanaian banks greater flexibility with their EMV migration strategies,\u201d \u201cGhIPSS will benefit from the scalability of PURE, which enables the use of contact and contactless cards as well as mobile payments, along with the accumulated experience of close to 60 issuers using PURE payment card worldwide.\u201d<\/p>\nsaid Nassir Ghrous, Senior Vice President Banking and Payment for the CISMEA region at Gemalto.<\/cite><\/blockquote>\n\n\n\n

More Information \u2139<\/h6>\n\n\n\n