Bejing CHINA, 22 February 2010 - The Bank Card Test Center (abbreviated as BCTC) was established with the approval by the People’s Bank of China as an independent third party who’s responsible for conducting professional and technical inspections with accordance to national and international financial industry related technical qualifications and standardizations. According to the mandate of the People’s Bank of China, BCTC is committed to provide professional and technical testing services to China’s banking cards for both “networking” and “transaction security” to promote the orderly development of China’s rapidly growing banking industry.
Taisys’ SIMoME™ smart card products have recently passed the “Integrated Circuits (IC) card specification standard (V2.0) for Chinese Financial industry” and the “Integrated Circuit (IC) card standard ISO7816 for contactless smart card” application certification test of BCTC.
The certified Taisys’ KingTrust™ duoPASS™ / PBOC2.0 film card is developed using Taisys’ proprietary COS, which conforms with the highest industry standards; the KingTrust™ duoPASS / PBOC2.0 can be utilized for many applications, including Financial, Transportation, Commerce, Taxation, Security, Identification and many other industries, fulfilling the requirement for multi-field, multi-purpose card application solutions.
TAISYS’ KingTrust™ duoPASS™ / PBOC2.0 film card has also been certified as meeting the PBOC2.0 standard; which is an important breakthrough for TAISYS on the high-end financial product sector, as it signifies the strong technical and R&D capacity of the TAISYS team.
By adopting PBOC2.0, TAISYS has surpassed many barriers to the financial industry, and further stabilizes the position of TAISYS’ SIMoME™ Technology for providing “harmony” and a “win-win” situation under the principle of cooperation.
With the PBOC2.0 certification on TAISYS’ SIMoME™ technology, telecommunication operators can now cooperate and implement joint functions with the financial industry. Together they can now provide better/improved services over the mobile platform to provide financial transactions and services, trades, and other business functions to customers. This is a great benefit to the financial industry and every mobile service customer because access to financial services in no longer restricted to a specific telecommunications operator and mobile service customers can now easily access financial services through their existing subscribed mobile service. TAISYS partners can fully utilize the advantages and benefits of the SIMoME™ technology to create additional opportunities for multiple corporation contracts in China, the world’s largest and fastest growing consumer market.
CHINA PBOC 2.0 Standard- People Bank's of China IC Card Specification for Bank Card
PBOC2.0 specification is the China Financial Integrated Circuit (IC) Card Specification which was issued by People’s Bank of China at year 2005 as the IC card application specification in China.
The content of this specification mainly includes electronic purse/bankbook application, debit/credit application, physical characteristics of contactless IC card and debit/credit application personalization, etc.
PBOC 2.0 specification complies with EMV standard, and can smoothly contract with international terminal therefore to provided more flexibility and convenience to the cardholders.
BEIJING