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KONA I Achieves Mastercard Approval for Biometric PVC Cards

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KONA I Achieves Mastercard Approval for Biometric PVC Cards

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IDEX Biometrics ( (IDXAD) ) has provided an announcement.

KONA I, a leader in smart card and payment solutions, has received Mastercard approval for its biometric PVC payment cards based on the IDEX Pay platform, allowing for global deployment. This approval, following their earlier success with metal cards, enhances KONA I’s and IDEX Biometrics’ market positioning by enabling industrialized production and faster commercialization, offering more secure payment options worldwide.

More about IDEX Biometrics

IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity. The company’s technology, built on proprietary sensor technologies, circuit designs, and software, focuses on card-based applications for secure and seamless user experiences.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.78M

See more data about IDXAD stock on TipRanks’ Stock Analysis page.

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