ACS Launches ACOSJ-P PBOC 3.0 DC/EC Card for e-Banking and e-Payment

July 6, 2017

HONG KONG, 6 July, 2017 - Advanced Card Systems Ltd. (ACS, a wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 2086), Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers (Source: Frost & Sullivan), launched ACOSJ-P PBOC 3.0 DC/EC card, a Java-powered cryptographic smart card solution compliant with the Global Platform basic financial configuration.

It comes preloaded with a PBOC 3.0-certified applet, making it especially suited for e-banking and e-payment. PBOC 3.0 certification guarantees that ACOSJ-P supports international cryptographic algorithms and complies with the UnionPay standard. It is also QPBOC-compliant, guaranteeing that it further speeds up contactless transactions.

ACOSJ-P is suitable for debit or credit applications, and low-value electronic cash (EC) transfer, among others. Its range of certifications makes it conducive to open-loop systems, which expand partnership opportunities for acquirers, and simplify payment processes for end users. ACOSJ-P has contact, contactless, and dual interface options. It can house multiple applications, and has powerful cryptographic capabilities to ensure that it fully protects such applications.

“ACOSJ-P provides a secure platform for rapid development of many value-adding applets,” says Gilbert Leung, Senior Vice President, Sales and Marketing Communications. “It combines multi-application support, security, and flexibility to be a competitive option for banks, merchants, and other acquirers.”

For more information about ACOSJ-P, visit https://www.acs.com.hk/ or email info@acs.com.hk.

About ACS

Advanced Card Systems Ltd. (ACS, wholly owned subsidiary of Advanced Card Systems Holdings Ltd., SEHK: 2086), founded in 1995, is Asia Pacific's top supplier and one of the world's top 3 suppliers of PC-linked smart card readers. ACS is the winner of the Product Quality Leadership Award for Smart Card Readers from Frost & Sullivan. In 2010, 2014, and 2015, ACS was listed in Forbes Asia's “Best Under a Billion", an inter-industry list comprised of 200 top-performing publicly listed companies in the Asia-Pacific, with sales between US$5 million and US$1 billion. ACS develops a wide range of high quality smart card reading/writing devices, smart cards and related products and distributes them to over 100 countries worldwide. Visit ACS at https://www.acs.com.hk/.