The Head of the Central Bank of RF got acquainted with the RFID key fob ISBC Key. Elvira Nabiullina was able to see a tokenization solution developed in conjunction with MasterCard. The new development allows the user to independently transfer a plastic or virtual bank card to an RFID key fob ISBC that complies with payment systems requirements.
New tokenization technology allows transferring a contactless card token from a smartphone to an RFID key fob ISBC, a convenient, easy-to-carry offline carrier that doesn’t need charging.
The key advantage of the new product is the potential integration of banking into non-financial services within one device. The RFID key fob ISBC is also multifunctional. It can open the doors in your house, be an office permit, you may use it when having trips in public transport and get bonuses within various loyalty programs.
“ISBC manufactures innovative products that make our life different. The RFID key fobs ISBC provide you with access to Smart City digital services that assure convenience and comfort for the megapolis residents. Currently, millions of Russians use our safe, reliable, and up-to-date products,” - said Andrey Eremenko, the Head of Bank Project Department in the ISBC Group of Companies.