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Regulatory press release

IDEX: IDEX Biometrics receives IDEX Pay order for VISA biometric cards in MEA

IDEX Biometrics
Oslo, Norway - 20 February 2025 - A leading smart card technology, security and
ID company based in MEA (Middle-East & Africa) has placed a production order of
10,000 units with IDEX Biometrics. The order supports Visa biometric bank card
programs in one of the fastest growing payment markets in the region, and marks
the first Visa program in market on the IDEX Pay biometric technology solution.
The IDEX Biometrics partner serves over 500 banks, governments, and corporations
worldwide.

'The innovation pace of our card manufacturing partners in bringing biometric
smart cards to market is accelerating
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