MONTGOMERYVILLE, Pa.-Gemplus Corp. and Far Point Consulting together introduced a smart card-based electronic gift certificate application for the retail market.
The product, which was developed by Far Point using Gemplus memory cards, removes the need for cash refunds, eliminates fraud from counterfeit gift certificates and reduces accounting errors, said the companies. The gift certificate cards will be rolled out early next year by Holiday Companies. The system consists of the Gemplus card, DataCard Corp.’s “Jigsaw” point-of-sale devices with smart card readers and Far Point’s software.
