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Technology Stocks : Gemalto N.V.

GTOMY 28.11

+3.7%

Oct 15 5:00 PM EST

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From: JakeStraw	10/1/2014 8:55:14 AM
	of 128

Total company AS24 and Gemalto deploy EMV fuel payment cards gemalto.com Gemalto has been selected to supply EMV? private label payment cards to AS24, a subsidiary of Total Group, one of the world's largest integrated oil and gas companies. AS24 is replacing all its own-brand cards with Gemalto's highly secure EMV Optelio smart cards which are accepted at AS24's network of EMV terminals in 750 fuel stations across 27 countries. Gemalto's complete solution includes personalization of AS24's fuel cards. The Optelio card enables fleet managers to monitor all aspects of individual card usage remotely and in real time. They can control the driver's identity, the time and value of a fuel purchase, and the number of fills in a predefined period, all of which facilitates robust cost management and fraud reduction. Leveraging EMV technology, the verification of the card's authenticity is carried out by the payment terminal itself. The transaction can therefore be processed even in the event of a network issue, so ensuring service continuity for AS24 customers.

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