Zwipe AS - Capital/Financing Update 2022

Beautiful Card Corporation obtains VISA Letter of Approval for its Biometric Payment Cards built on the Zwipe Pay platform

OSLO, NORWAY - 25[th] March 2022 - Zwipe is pleased to confirm that Beautiful

Card Corporation (BCC), a prominent Taiwanese card manufacturer with global

deliveries, has obtained the Letter of Approval from VISA for its biometric

payment cards based on the Zwipe Pay platform.

This development confirms that Zwipe's complete solution is now ready for full

scale production by BCC for adoption by issuers globally. Zwipe obtained its

VISA Letter of Approval (LoA) for its Zwipe Pay platform on 24[th] March 2022,

enabling smart card manufacturers working with Zwipe to leverage Zwipe's

certification results to swiftly obtain VISA certification for their own

biometric payment card designs.

"It is great to see the first confirmation of certification of biometric cards

based on Zwipe Pay from one of our valued customers. We congratulate BCC on

their achievement and look forward to supporting them on their growth journey

About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer

future. We work with great passion across networks of international

organizations, industries & cultures to make convenience safe & secure. We are

pioneering next-generation biometric card and wearables technology for both

payment and physical & logical access control and ID solutions. We promise our

customers and partners deep insight and frictionless solutions, ensuring a

seamless user experience with our innovative biometric products and services.

Zwipe is headquartered in Oslo, Norway, with a global presence. To learn more,

visit www.zwipe.com

For further information please contact: André Løvestam, CEO, +47 93 43 69 52

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