A PayPass-compatible key fob is already available in the US, however the latest release allows for a wider roll-out of the miniature RFID system that potentially allows for a wider range of applications. The tiny antenna can also be incorporated into a standard debit or credit card, leaving room for the conventional magnetic stripe and embossing.

We have taken G&D’s expertise in both printing and contactless technology and bundled it in a way that benefits financial institutions, who can then use the new, handy formats and innovative marketing concepts to reach new customer segments, says Michael Kuemmerle, head of G&D’s payments division.