In October 2015, Multos International was pleased to recognize Banamex, Mexico’s largest bank, for 10 years of chip card technology partnership. Banamex began the phase over to using MULTOS technology in late 2004, taking advantage of the product’s high speed personalisation capability and the flexibility of the platform to support multiple payment brands, while still enabling the purchasing department to work with several card vendors.
During that time, Banamex had three major milestones using MULTOS; first migrating their MasterCard and VISA portfolios for the chip SDA, then offering the first PayPass solution in Latin America, and now currently migrating the portfolio to DDA/CDA.