Oberthur Technologies’ Chrysalis Fly v3.0 is the first card significantly converging between payment and public transport ecosystems. OT offers banks new revenue streams by promoting the usage of their MasterCard payment instruments for Open Payment in transit network. This innovative usage will bring additional value to cardholders’ payment cards.
“We are proud to release such a complete and high-performance product that is leveraging on OT’s expertise and excellence in delivering best-in-class products to both urban Transit and Payment industries” said Antoine Vilain – Payment and Transport Product Lines Director at OT. “With this new product, OT demonstrates once more its commitment to offer Mobility to end-users”.
“Customers rightly expect fast, simple and intuitive experiences when riding public transport systems. So MasterCard is delighted to see OT tackling the challenge of faster transit transaction times with the launch of Chrysalis Fly, and thereby enabling banks and other card issuers to deliver great payment experiences to cardholders in ever increasing numbers of cities around the world” said Will Judge, Senior Business Leader Transit at MasterCard.