IntelCav reveals growth plans at CARTES 2013
Venanzio Cipollitti, President of IntelCav's parent company Inteligensa Group
When Brazil plays host to the planet in 2014 during the FIFA World Cup, visitors will discover a modern nation that is in many ways at the cutting edge of technology.
It is one of the global leaders in the development and use of card payment, authentication and ID technology that already have mass adoption in the country’s banking, transport and mobile sectors.
One of the companies underpinning this technological lead is Sao Paulo-based Intelcav. The business, part of the Inteligensa Group, has established strong leads in banking and transport in its 13 years of existence and is now primed for global growth.
One of the world’s leading manufacturers and personalisers of secure payment smart cards, Intelcav has pioneered EMV Chip Card production and encoding in Latin America since 2003, and maintains its leadership in the Brazilian and Latin American payment card market. It is number one in bank cards in Brazil, supplying Visa, Mastercard and American Express.
IntelCav also supplies 60 million contactless cards to Brazil’s 100 million strong public transport card sector. Its new Dual Interface card integrating contact and contactless cards and its expansion into SIM cards and NFC promises to open up new markets in the region.
And now, Intelcav has global markets in its sights says Alvaro Oliveira, Intelcav president: “The US migration to EMV is a big opportunity for us and we will be there. The big banks are pushing Dual Interface in Brazil and we are participating and we are hoping the technology will spread. We have the capability and it is a global opportunity.”
The Inteligensa group as a whole is also planning to expand these services as well as other RFID capabilities in the food, textile and livestock sectors beyond the Americas, says its President Venanzio Cipollitti. “We intend to enter the European market together with the Middle East and Africa. We are expanding our territorial reach.”
Intelcav currently has three bank card plants in Brazil, located in Getulio Vargas, Sao Paulo and Manaus and also produces Contactless Chip Cards for public transport from its Manaus plant. It is also one of a handful of Brazilian companies capable of bidding for the large-scale future migration project for Brazil’s Federal Police from paper to electronic ID.