Supports Financial Institutions in Commercial Rollout of Mobile NFC Payment Services
AMSTERDAM & TAIPEI, Taiwan--(BUSINESS WIRE)--Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced it has achieved MasterCard certification for its TSM (Trusted Services Management) offer. The achievement demonstrates Gemalto’s readiness for supporting commercial launches of mobile contactless payment programs, according to MasterCard’s security requirements. This certification immediately applies to Gemalto’s Taiwan-based data center and enables the company to support financial institutions in the deployment of their Near Field Communications (NFC) services on mobile phones. NFC technology is the wireless connectivity standard endorsed by the industry for data transfer over the mobile phone.
Gemalto's services allow for the secure deployment and management of contactless mobile payment. The certification establishes that MasterCard recognizes and endorses the company’s ability to manage personal user information for banking transactions. For financial institutions, this is assurance that they can rollout their payment services on mobile phones with the highest level of security and data confidentiality.
“MasterCard works alongside vendors to offer secure NFC payment solutions to its issuing banks,” commented, Andrew Smith, vice president, Mobile Centre of Excellence, Asia/Pacific, Middle East & Africa, MasterCard Worldwide. “We are pleased to collaborate with technological enablers like Gemalto that will allow financial institutions to rollout NFC MasterCard® PayPass™ mobile services safely, adding ease to Taiwanese consumers’ fast-paced lifestyles and spurring the growth of contactless payments in the market.”
“The role of the Trusted Services Manager is to provide independent, secure channels for service providers to conveniently engage their customer base into the mobile world,” added Tan Teck Lee, President of Gemalto Asia. “It is a role built on security, interoperability and trust, which facilitates business between mobile network operators and service providers. We are very proud to receive this certification from MasterCard, which acknowledges Gemalto’s ability to fulfill this role.”
Gemalto (Euronext NL 0000400653 GTO) is the world leader in digital security with 2008 annual revenues of €1.68 billion, and 10,000 employees operating out of 75 offices, research and service centers in 40 countries.
Gemalto is at the heart of our evolving digital society. The freedom to communicate, travel, shop, bank, entertain, and work—anytime, anywhere—has become an integral part of what people want and expect, in ways that are convenient, enjoyable and secure.
Gemalto delivers on the growing demands of billions of people worldwide for mobile connectivity, identity and data protection, credit card safety, health and transportation services, e-government and national security. We do this by supplying to governments, wireless operators, banks and enterprises a wide range of secure personal devices, such as subscriber identification modules (SIM), Universal Identity Circuit Cards (UICC) in mobile phones, smart banking cards, smart card access badges, electronic passports, and USB tokens for online identity protection. To complete the solution we also provide software, systems and services to help our customers achieve their goals.
As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the company is poised to thrive over the coming years.
For more information please visit www.gemalto.com.
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