Gemalto says that it has been selected by Vodafone to provide and operate its global Trusted Service Management (TSM) platform and deploy NFC services solutions.
Key elements of the multi-year global contract that is being integrated by Gemalto include the Allynis TSM service platform (a complete solution that ensures mobile payment end-to-end security encryption between financial institutions and mobile operators) and the company's UpTeq NFC high-end card product.
To support this program, Gemalto's solution will allow both Vodafone subsidiaries and third party service providers to plug into the NFC platform.
"We are committed to partnering with the best suppliers to offer customers the speed, simplicity and convenience of managing everyday transactions with a single wave or tap of their smartphones" said Christian Wirtz, Vodafone Group's mCommerce Director. "The consumer benefits of contactless payments are obvious and the industry in Europe is now at the beginning of rolling out a contactless infrastructure. The potential of mobile to transform existing industries - such as financial services, retail and transport- is enormous."