IDEMIA has announced that it is the first and, to date, only one to be certified to manufacture and personalise RuPay chip contact and contactless cards, on the qSPARC v2 platform.
qSPARC is a Dual Interface Open loop payment specification, with the option of loading multiple payment applications on a single card. This certification is issued by NPCI, after testing all payment scenarios and thus ensuring that, the cards manufactured by IDEMIA will work seamlessly at all payment acceptance devices.
The cardholders get the convenience of using a single card for multiple payment use cases such as; Metro, Bus, toll, loyalty, Parking and payments at retail. There is an option of loading up to 20 such payment applications on a single card.
The qSPARC is likely to steer the National Common Mobility Card (NCMC) and will be widely used in the Smart Cities. The first version of this card is deployed in Kochi Metro, Bangalore Bus Transport, Ahmedabad Smart City and will soon be delivered to prospective customers in Nagpur, Noida Metro and Navi Mumbai bus transport ticketing.
As of now, more than 1.5 million cards have been issued.
“This certification recognizes IDEMIA’s commitment to continually invest in the development of technologies for enhancing and securing the payment experience for Indians and establishes once again our leadership in this space”, said Sanjeev Shriya, Regional President for IDEMIA’s activities in India. “This qSPARC certification will increase the usability of bank issued cards with an enhanced value proposition for all stakeholders”.