Morpho strengthens its Russian market position through the partnership with local card manufacturer Alioth
Morpho (Safran) today announced its business alliance for payment products with the Russian card manufacturer Alioth. Both partners signed a distributor ship agreement with Morpho producing and delivering EMV chip modules equipped with a wide range of secure payment applications to Alioth, which production site is certified by Visa and MasterCard.
The modules will be used to manufacture payment cards, addressing the largest EMV payment card issuer in Russia. The company is benefitting from Morpho’s and Alioth’s alliance as it combines the best innovative technology with the proximity, flexibility and quality of local card production and personalization services. It is thus significantly reducing the delivery turnaround time and providing an optimized logistic approach.
SUGGESTION “We aim to keep our leading position on the market through innovative solutions. Morpho is providing us with all secure and innovative payment products necessary to answer our customer needs today and for the coming years,” said Igor Vasiliev, General Director of Alioth.
“We are pleased to announce our partnership with Alioth,” said Arnaud Jullien, Senior Vice President Payment at Morpho, e-Documents Division. “It opens up new business opportunities and presence for Morpho on the Russian and CIS market. Morpho’s high technology together with Alioth’s very motivated local team will ensure the delivery of best-in-class payment products, solutions and services. The selection of our business alliance by the largest Payment cards issuers in Russia is a strong recognition of the value proposition it brings to the market.”
* * * *
Morpho, a high-technology company of Safran, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
Follow @MORPHO_NEWS on Twitter