OSLO, NORWAY and BEIRUT, LEBANON - 29 September 2021 - Biometric fintech
company, Zwipe, and Credit Card Management (CCM), one of the leading card
payment service providers in Lebanon are partnering to bring Zwipe Pay ONE
biometric payment cards to banks in Lebanon. Founded in 1994, CCM has grown to
become a well-recognized brand in the card payments both in Lebanon and the
Middle East.
CCM delivers issuing, acquiring and card personalization services to more than
25 banks. The company provides payment processing for financial institutions as
well as telecom operators and it is a subsidiary of Credit Libanais, one of the
largest banks in the country.
"We are always eager to bring state-of-the-art payment products that enhance
customers' experience. Zwipe Pay ONE is a disruptive (Gen3) biometric payment
platform that will enable issuer clients to deliver a completely contact-free
checkout experience and payment security. We are proud to partner with Zwipe,"
says Johnny Torbey, Deputy General Manager at CCM.
As part of this partnership, Zwipe will support CCM in delivering Zwipe Pay ONE
biometric payment cards to banks in Lebanon. Both organizations aim to help
multiple banks with pilots and ultimately commercial launches.
"The collaboration with CCM further accelerates our issuer engagements and is a
strategic move for Zwipe in Lebanon and MENA where innovations such as biometric
payment cards are in great demand from banks, governments and citizen programs
including financial inclusions and the move to cashless societies," says Ramzi
Saboury, General Manager for Zwipe for the MENA region.
For further information, please contact Mr. André Løvestam, CEO, +47 991 66 135
info@zwipe.com
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About CCM
Founded in 1994, CCM has grown to become one of the most dynamic leaders of the
card industry in Lebanon and the Middle East, delivering quality service and
ensuring high standards of value and security, for banks, institutions, and
merchants across the country while handling the full range of card business
activities: strategic planning, issuing, account processing, authorization of
payments, innovation of loyalty programs and co-branding schemes in various set
ups and telecommunication environments.
About Zwipe
Zwipe is pioneering the next generation contactless payments experience,
providing biometric payment cards components and wearables technology that
enable consumers to authorize transactions with their fingerprints without
compromising their privacy. Together with an ecosystem of partners including
global brands within digital security and financial services, Zwipe is "Making
Convenience Safe & Secure" for banks, merchants and consumers. Zwipe's solutions
address the hygiene and data theft pitfalls inherent in traditional
authentication methods. Headquartered in Oslo, Norway, with a global presence,
Zwipe is leading the next great shift in payments from contactless to contact
free.
To learn more, visit zwipe.com (https://www.zwipe.com/)