IDEX Biometrics and Vasmobile launch biometric school ID program in Africa
Vasmobile Fintelco is launching SkoolID, the African School ID and Smart Payment Card, based on the biometric card platform from IDEX Biometrics. The agreement and first production order represent a value of $1.4 million, with delivery starting in the fourth quarter of 2024. The multi-year agreement sets Vasmobile up to scale across Kenya in 2025 and further expansion into other parts of Africa as of 2026.
Today Vasmobile is offering payment card solutions to schools with the support of the M-Pesa payment network. This new school ID will be upgraded to a biometric smart card, incorporating the IDEX biometric technology, including biometric solution, card operating system, and applets developed by Vasmobile. This is a world first use case for biometric smart cards. These cards will secure...