Morpho‘s Indian subsidiary, Syscom, has won the largest deal in India for EMV (Europay, MasterCard and Visa) payment card issuance from the State Bank of India (SBI). The State Bank of India is the country’s largest financial institution. The contract includes end-to-end production, supply and personalization services of Visa, MasterCard & RuPay (India’s domestic payment card scheme) branded EMV debit cards along with Personal Identification Number (PIN). The volume is expected to exceed 55 million cards over a three year
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