Idex books $1M order for biometric payment card tech as vendors anticipates gains

A volume production order worth close to $1 million has been placed with Idex Biometrics for the company’s Pay authentication technology. The order was placed by a customer described as a leading European manufacturer working on biometric payment cards.

Idex Pay is made up of biometric operating system software and sensors. The order will go to produce biometric payment cards for banks in Bangladesh, India and Turkey, according to the announcement.

“This order is another validation of strong market demand …

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