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Morpho the first RuPay-certified vendor for chip card manufacturing and personalization in India

September 2013 by Marc Jacob

Morpho (Safran) today announced that its Indian subsidiary Syscom has been certified as
the first and to date only payment card manufacturer in India for the manufacturing and
personalization of chip cards for RuPay, the Indian payment card network by National
Payments Corporation of India (NPCI).

The RuPay chip card is based on the D-Payment Application Specification (D-PAS) platform,
which is the EMV* technology of Discover Financial Services (DFS). The RuPay chip cards
will thus be accepted at all Discover Point of Sale terminals and ATMs globally in addition to
the vast network of RuPay-enabled ATMs and Point of Sale terminals in India.

“This certification recognizes Syscom’s commitment to maintain technology and quality
leadership over all other card manufacturers in the country to meet banks’ requirement for
payment cards,” said Sanjeev Shriya, SVP Sales India at Morpho, e-Documents Division
and Managing Director, Syscom. “The chip cards are based on international specifications
that provide protection to banks and customers against card skimming and counterfeiting
frauds. We are now fully equipped to meet the stringent security and certification
requirement of the banks.”

* EMV (Europay, MasterCard and VISA) is becoming the global standard in the migration from magnetic
stripe cards to chip-based cards. EMV is an interoperability standard developed by the three financial
institutions to ensure that all Europay, MasterCard, and VISA-branded smart cards and all smart cardreading
POS terminals and ATMs work together to deliver the highest level of security.


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