ST to Supply Energy Harvesting Secure Microcontrollers to Ellipse
EVC all-in-one, 3-digit CVV display on the back of the module, mounted on payment cards

Ellipse World (Ellipse) has selected the ST31N600 secure microcontroller as the core component of its battery-free Ellipse Verification Code (EVC) All-In-One™ dynamic Card Verification Value (CVV) micromodule, enhancing the payment experience and enhancing user protection.

STMicroelectronics (hereafter referred to as ST) announced on the 26th that it will supply energy-harvesting security microcontrollers to Ellipse World, a fintech innovation company that strengthens card payment security.

The first metal card featuring Electronic Verification Code (EVC) technology is being released by CompoSecure.

The EVC All-in-One, a standard-sized EMV micromodule, features a three-digit CVV display on the back of the payment card.

This code changes each time you use your card at an actual POS terminal or ATM, and can also be refreshed via your mobile phone if necessary.

This new code can be used for all future online and physical cardless transactions, preventing counterfeit card use and creating a Card-not-Present, CNP) effectively reduces the risk of transaction fraud.

When used with the EVC All-in-One STPAYTP1x, it also ensures secure EMV payment transactions.

The ST31N600 captures the energy radiated from the card reader and supplies power to the entire circuit.

Additionally, this solution simplifies the manufacturing process and reduces costs because it does not require batteries.

“The ST31N600 marks the starting point for a significant advancement in smart cards, with features that support robust security and an innovative, easy-to-use payment authentication mechanism,” said Laurent Degauque, Director of Marketing for ST Connected Security.

“Working with ST has provided the ideal foundation for the Ellipse EVC all-in-one micromodule,” said Cyril Lalo, President and CEO of Ellipse. “This enables us to extend EMV protection to e-commerce and launch the next generation of payment modules that bridge the physical and digital worlds.”

“Ellipse’s EVC all-in-one micromodule, powered by ST’s ST31N600, allows us to deliver state-of-the-art security while providing seamless ease of use and peace of mind,” said Greg Maes, COO of CompoSecure.