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zwipe ZWIPE AS Third Quarter 2021 Operational Update - OSLO , NORWAY - 26 October 2021 During the third quarter , Zwipe has continued to strengthen its foundation for launching pilots and mass - volume roll out of biometric payment cards . • • • Mauritius - based ICPS , one of Africa's leading card personalization and processing service providers , partnered with Zwipe to bring biometric payment cards to Africa and Asia . A global Tier 1 smartcard manufacturer started the evaluation of the Zwipe Pay ONE platform . Zwipe received an MNOK 17 ( USD 1.9 million ) commercial order from Beautiful Card Corporation ( BCC ) in Taiwan , which produces around 520 million cards annually , of which around 20 million are EMV payment cards . Middle East Payment Services ( MEPS ) , a Jordan - based commercial issuer of payment cards , announced its decision to pilot Zwipe Pay ONE with executives at up to 20 Financial Institutions in the Levant region¹ . Erik Selin invested MNOK 104 in Zwipe through a private placement to further accelerate development and commercialization of Zwipe . A European - based Global Tier 1 Bank , with several millions of payment cards deployed globally , decided to pilot Zwipe Pay ONE - based Biometric Payment Cards in three European countries . The bank plans for a commercial launch in summer 2022 , subject to positive pilot results . Zwipe received a Commercial Order of MNOK 3 ( USD 318,000 ) from Inkript , one of the largest payment card suppliers in the Middle East and North Africa ( MENA ) region . UAE - based card issuing and processing provider NymCard joined forces with Zwipe to accelerate the deployment of biometric payment cards in the Middle East and Africa . Zwipe and India - based Que Processing Services ( QPS ) announced collaboration to bring Zwipe Pay ONE biometric payment cards in Asia and the Middle East . Zwipe and Lebanon - based Credit Card Management ( CCM ) , who delivers payment services to more than 25 banks in Lebanon , announced collaboration to launch biometric payment card pilots in the country . Norwegian fintech Reltime selected the Zwipe Pay ONE platform to power its biometric payment card offering as part of its global financial services ecosystem , with the aim to launch pilots from Q1 2022 . Zwipe America Inc. received full forgiveness of the second bank loan of $ 248 000 through the Paycheck Protection Program ( PPP ) which was granted and paid out in the first quarter of 2021 . Significant Events after the period IC Payments , a Chile based fintech with offices in Uruguay and Argentina as well as a solid network of partners across Latin America , partnered with Zwipe to offer biometric payment solutions in the Latin American and Caribbean markets . 1 The Levant region includes Lebanon , Jordan , Palestine , Egypt , Iraq , Libya , Syria , Turkey and Israel