What Aliot does

Aliot (АЛИОТ) is a Russian full-cycle manufacturer of EMV payment cards, chip modules, and wearable payment devices, founded in 2008 as part of the ITG (INLINE Technologies Group) holding. The company operates a 60 million cards-per-year production facility in the Odintsovsky district of Moscow region and a legal headquarters in southern Moscow, employing 251–500 staff (300+ stated). Its proprietary SCOne (Smart Card One) card operating system, certified by Visa, Mastercard, and МИР, has been deployed across more than 100 Russian banks since 2013 and supports multi-application functionality combining banking, MIFARE transport, and GOST cryptographic algorithms for government-grade use cases.

The product portfolio spans SCOne-certified chip modules (dual and contact interfaces based on platforms from global semiconductor leaders such as NXP), standard and premium finished cards (including metal and LED variants), and a wearable payment accessories line (ceramic rings, wristbands, keychains, stickers, and watch straps). Beyond card manufacturing, Aliot offers end-to-end personalization services (embossing, laser engraving, magnetic stripe and chip encoding, packaging) and, since 2019, the ALIOTH | Pay tokenization platform that enables any accessory to act as a payment instrument. Most recently, the company has introduced NSPK-certified NFC tags enabling merchants to accept cashless payments via Russia's Faster Payment System (SBP).

Revenue is generated primarily through B2B sales to Russian and international banks via direct enterprise sales and tender participation, with key clients including Sberbank, VTB, Gazprombank, Rosselkhozbank, MKB, Alfa-Bank, Tinkoff, and a long tail of 100+ Russian issuers. Additional revenue comes from chip-module sales, personalization and fulfillment services, managed tokenization platform fees, consumer wearables sold through the ALIOTH | PAY storefront, and merchant-side NFC tags. Geographically, Russia is the primary market, with a developing international presence across more than 20 countries in Europe, Africa, Asia, the Middle East, and the Americas. The company is privately held within the ITG holding, with no disclosed funding rounds or external investment.

Name

Aliot

Legal name

Общество с ограниченной ответственностью «АЛИОТ»

Website

https://alth.ru

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

251–500 employees

Short description

Aliot is a Russian EMV payment card and chip-module manufacturer whose proprietary SCOne operating system is deployed at 100+ Russian banks. It produces cards, wearables (rings, wristbands, keychains), NFC tags for SBP acceptance, and the ALIOTH | Pay tokenization platform, serving banks, governments, and consumers.

Ownership category

akta.pro rank

Product category

Payment Card Manufacturing

NAICS

Credit Card Issuing (52221), Credit Card Issuing (522210)

SIC

Finance Services (6199)

akta.pro primary industry

Card Issuing & Program Management Platforms (BPAMAFAH)

akta.pro secondary industries

EMV Chip, Magstripe & PIN Debit Acceptance (FSAMADAG), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Payment card manufacturing
• EMV chip modules
• Wearable payment devices
• Card personalization services
• Contactless payment tags

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Technology or R&D, Personnel, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Payment Card Manufacturing: Production and personalization of all types of bank cards for VISA, Mastercard, JCB, China UnionPay, and МИР payment systems. Includes card blanks, personalization, packaging, and fulfillment services.
2. Chip Module Sales: Sale of SCOne chip-modules with dual and contact interfaces to banks and other card manufacturers.
3. Personalization Services: Full spectrum of graphic and electrical personalization services, including embossing, indent printing, thermal printing, laser engraving, magnetic stripe encoding, chip module encoding, sorting, packaging, and delivery.
4. Tokenization Platform Services: Platform services enabling users to load payment tokens into wearable accessories. Banks are freed from non-core work of selling and technical support.
5. NFC Tags for SBP: Production and sale of NFC payment tags for merchants accepting payments via the Faster Payment System.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Aliot manufactures and personalizes EMV bank cards, chip modules, and wearable contactless payment accessories (rings, wristbands, keychains, stickers, watch straps) for Russian and international payment systems (Visa, Mastercard, JCB, UnionPay, МИР). The company also operates the ALIOTH | Pay tokenization platform that loads card tokens into wearables, supplies NFC merchant tags certified for the Russian Faster Payment System (SBP), and provides card personalization, instant issuance, and EMV application management services for banks, governments, corporates, and educational institutions.

Product overview

Aliot is a leading Russian manufacturer of EMV payment cards and developer of the SCOne card operating system. The product portfolio includes: (1) SCOne - proprietary card operating system with certified payment applications for VISA, Mastercard, and МИР; (2) EMV chip modules with dual and contact interfaces; (3) Physical payment cards including standard, LED, and metal variants; (4) Wearable payment accessories - rings, wristbands, keychains, stickers, and watch straps; (5) NFC payment acceptance tags; (6) Identification, social, and campus cards; (7) ALIOTH | Pay tokenization service enabling virtual card creation; (8) CardMaster personalization platform; (9) Instant card issuance solutions. The offerings span from card production and personalization to tokenization services and wearable payment devices.

Differentiator

Problem solved

Functional benefit

Brands

• SCOne: Proprietary EMV card operating system developed by Aliot with certified payment applications for VISA, Mastercard, and MIR. Supports multi-application functionality for banking and non-financial services.
• ЁжПэй (YozhPay)
• ALIOTH Pay

Products and services

• Bank Cards Production and personalization of all types of EMV bank cards for the Visa, Mastercard, JCB, China UnionPay, and МИР payment systems, including graphic and electrical personalization (embossing, indent printing, thermal printing, laser engraving, magnetic stripe and chip encoding), sorting, packaging, and delivery. Sold to banks and financial institutions for customer card issuance programs.
• SCOne Chip Modules Highly secure EMV chip modules with dual and contact interfaces, based on semiconductor platforms from world-leading chip manufacturers. The native operating system supports certified payment applications for VISA, Mastercard, and МИР, as well as GOST cryptography, electronic digital signature (CryptoPro CSP), and MIFARE Classic. Sold to banks and other card manufacturers for integration into payment and identification cards.
• Payment Rings Ceramic jewelry-style contactless payment rings based on the SCOne platform, providing all the capabilities of a classic contactless bank card and supporting additional non-financial services including transport (MIFARE), loyalty, and identification. Sold to banks and directly to consumers via the ALIOTH | Pay platform.
• Payment Wristbands Contactless payment wristbands integrating payment and digital services in a single wearable device. Available in leather and silicone variants with energy-independent operation. Sold to banks and to consumers through the ALIOTH | Pay platform.
• Payment Keychains Stylish keychain accessories enabling contactless payment and access to various digital services. Sold to banks and consumers via the ALIOTH | Pay platform.
• Payment Stickers Mini bank card analogs with a built-in chip module and adhesive layer on one side for attaching to phones or other surfaces. Sold to banks and consumers via the ALIOTH | Pay platform.
• Payment Watch Straps Watch straps with integrated contactless payment functionality. Fits various watch brands with 20mm attachment size. Sold via the ALIOTH | Pay platform.
• LED Cards Unique payment cards with built-in LEDs that light up when interacting with contactless payment terminals. Sold to banks for differentiating their premium card portfolios.
• Metal Cards Premium metal bank cards targeted at premium-segment bank clients. Sold to banks for high-end card issuance programs.
• NFC Tags for SBP NFC payment acceptance tags enabling cashless payments via the Russian Faster Payment System (SBP). Certified by NSPK with registration number 213/N004/1/010. Available in two sizes and with QR code support. Sold to merchants and payment service providers for deployment at the point of sale.
• Social Cards Cards designed for delivering a комплекс услуг (set of services) in the social and government sector. Sold to regional administrations and government agencies for citizen-facing social service programs.
• Campus Cards Multi-function campus cards giving students, graduate students, and teachers access to information, service, administrative, and payment services within educational institutions. Sold to universities and educational institutions.
• Identification Cards All types of identification cards for complex governmental and corporate projects, including secure access and citizen identification. Sold to government agencies and corporate clients.
• SCOne Card Operating System New-generation proprietary card operating system developed by ALIOTH in accordance with the latest payment industry requirements. Certified with VISA, Mastercard, and МИР payment applications, and supports multi-applicability for combining banking, transport, and other services. Used in more than 100 Russian banks.
• ALIOTH | Pay Tokenization Platform A modern tokenization service enabling the creation of payment devices from ordinary accessories (rings, keychains, wristbands, stickers, watch straps). Users can add their bank card and load a token into any accessory through a mobile app. Available as a service for banks and to consumers via the dedicated web platform and mobile apps.
• CardMaster Personalization System A complex management system for smart card personalization and EMV applications management. Sold as a software platform to banks, personalization bureaus, and other card issuers for centralizing and managing EMV application lifecycle.
• Cards Instant Issuance Card personalization solution enabling on-demand printing of any financial card (debit, credit, ATM) with any technology (dual-interface, contact, contactless). Provides ready-to-use cards to customers in minutes, directly at the bank branch or point of sale. Sold to banks for branch-level instant issuance.

Quantifiable outcome

• 60 million cards per year production capacity
• +4 more outcomes

Named customers21 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• NXP SemiconductorscoreTechnology or Integration · 1 January 2013Strategic partnership for chip technology. Aliot was the first card maker worldwide to offer SmartMX2 cards combining banking (MasterCard PayPass), transport (MIFARE Plus emulation), and eGovernment applications with GOST cryptography on a single secure microcontroller.
• Visa InternationalcoreTechnology or IntegrationCertification holder for production of VISA payment cards. Annual audits conducted for compliance. Produces various VISA card types including Visa Business, Classic, Gold, Platinum, and Virtual.
• MastercardcoreTechnology or IntegrationCertified for production of MasterCard cards including PayPass dual-interface cards. Received certification for various chip modules (J3A012Y, J3A040Y) and SCOne EMV platform.
• Группа компаний КАРТХОЛЛminorStrategic or Co-development PartnerEvent partnership for seminar on payment technologies in Prague. Aliot announced unique Russian market tokenization solution for wearable devices at this event.
• Верилион (Verilion)minorStrategic or Co-development PartnerStrategic partner for lacquer and paint materials. Launched VERILAB printing technology laboratory with color matching, input control, and process setup capabilities.
• INLINE TechnologiescoreTechnology or IntegrationParent company (ITG holding) providing IT infrastructure, information security (Cisco NAC implementation), network modernization, and physical security systems. Aliot is part of ITG (INLINE Technologies Group).
• ИНПАС (INPAS)minorChannel Partner/ Reseller/ DistributorPart of ITG holding, leading Russian acquiring market company. Selected Aliot as card blanks manufacturer for MTS Bank in won tender.
• Morpho (Safran)minorStrategic or Co-development PartnerMorpho, as technology leader, partnered with Aliot to strengthen positions in the Russian market according to Morpho's press release.
• ЁжПэй (YozhPay / EzhPay)minorStrategic or Co-development PartnerSubsidiary brand specializing in stylish payment accessories integrated with bank products. Full cycle from design to production to implementation and customer support. Joint participation with Aliot in PLAS Forum events.
• Московский Кредитный Банк (MKB)coreStrategic or Co-development PartnerStrategic partnership in payment wearable devices. Joint participation at PLAS Forum 2025. MKB ranks in top-6 largest Russian banks by assets. First payment ring launched jointly in 2017.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Regional players

• Eastcom (Eastern Communications): Chinese smart card and chip-module manufacturer with EMV certifications and secure-element technology; comparable to Aliot on chip modules and government/financial ID cards, though primarily serving the Chinese market.
• Hengbao Co., Ltd. Chinese EMV card and chip manufacturer producing bank cards, social-security cards and identification documents; comparable product mix and certification profile to Aliot, focused on the Chinese market.

Direct peers

• IDEMIA: IDEMIA is one of the world's largest EMV card manufacturers and personalization service providers, with comparable Visa/Mastercard certifications and a similar B2G/B2B model supplying banks and governments — directly comparable to Aliot's core card manufacturing and SCOne-like operating system business.
• CPI Card Group: US-based credit, debit and prepaid card manufacturer serving banks and retailers; comparable in physical card manufacturing, personalization and metal/premium card offerings.
• Giesecke+Devrient: German card manufacturer with Convego platform for EMV, contactless and wearable payment products; comparable product portfolio (cards, chip modules, wearables) and a similar bank-focused GTM.
• Valid (Grupo Valid): Brazilian payment, identification and mobile solutions provider with EMV card manufacturing and personalization; comparable EMV issuance business and similar emerging-market bank customer base.
• Thales (Gemalto): Thales' Gemalto division is a top-3 global EMV card manufacturer with certified payment applications for all major schemes and personalization services for banks — the most direct international peer to Aliot's full-cycle card business.
• Watchdata Technologies: Smart card and secure payment solutions provider with EMV products and wearable payment devices (rings, watches); directly comparable to Aliot's SCOne-based ring and wearable tokenization business.
• Goldpac: Hong Kong-listed EMV card manufacturer with certifications from Visa, Mastercard, JCB, UnionPay and China UnionPay; directly comparable product and certification footprint including personalization and wearable payment products.
• ABnote (American Banknote Corporation): Global secure card manufacturer (formerly Laminex/American Banknote) producing financial, identification and prepaid cards; comparable in physical card manufacturing and personalization for banks and government clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/aliothcompany
• Facebookfacebook.com/alioth.ru

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aliot