Gemalto deploys Secure Element based applet to accelerate the development of Mobile Payments on Wearables
(Thomson Reuters ONE) -
Amsterdam, April 15, 2016 - Gemalto (Euronext NL0000400653 GTO), the world
leader in digital security, has provided a secure element based applet for smart
wearables launched by China UnionPay Co. (CUP), one of the world's major
payment associations with total transactions reaching USD 1.9 trillion in the
first quarter of 2015.
Smart wearable devices are gaining popularity globally, with total shipments
expected to surpass 200 million in 2019[1]. CUP had launched smart wearables
with embedded secure elements based payment applications last year. The payment
applet runs on the secure element, to provide online and offline payment
capabilities on wearables. This will eliminate the need for different card
vendors to develop their own versions, simplifying deployment of payment
applications on a wide range of secure elements and vastly improving time to
market, for a new era of innovative wearables.
"Intelligent NFC-based wearable devices are set to disrupt our lives much beyond
contactless payments - from user access and authentication to smart homes and
cities, the possibilities are simply endless," said Suzanne Tong-Li, President
for Greater China and Korea at Gemalto. "With extensive experience in NFC
ecosystem and end-to-end security, we support CUP to not only simplify and speed
up this launch for maximum outreach, but also provide consulting for next-
generation solutions."
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security,
with 2015 annual revenues of ?3.1 billion and customers in over 180 countries.
We bring trust to an increasingly connected world.
Our technologies and services enable businesses and governments to authenticate
identities and protect data so they stay safe and enable services in personal
devices, connected objects, the cloud and in between.
Gemalto's solutions are at the heart of modern life, from payment to enterprise
security and the internet of things. We authenticate people, transactions and
objects, encrypt data and create value for software - enabling our clients to
deliver secure digital services for billions of individuals and things.
Our 14,000+ employees operate out of 118 offices, 45 personalization and data
centers, and 27 research and software development centers located in 52
countries.
For more information visit www.gemalto.com or follow (at)gemalto on Twitter.
Gemalto media contacts:
Philippe Benitez Peggy Edoire Vivian Liang
North America Europe & CIS Greater China
+1 512 257 3869 +33 4 42 36 45 40 +86 1059373046
philippe.benitez(at)gemalto.com peggy.edoire(at)gemalto.com vivian.liang(at)gemalto.com
Ernesto Haikewitsch Kristel Teyras Shintaro Suzuki
Latin America Middle East & Africa Asia Pacific
+55 11 5105 9220 +33 1 55 01 57 89 +65 6317 8266
ernesto.haikewitsch(at)gemalto.com kristel.teyras(at)gemalto.com shintaro.suzuki(at)gemalto.com
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[1] https://www.idc.com/getdoc.jsp?containerId=prUS40846515
Press release (PDF):
http://hugin.info/159293/R/2003673/739690.pdf
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Source: Gemalto via GlobeNewswire
[HUG#2003673]
Unternehmensinformation / Kurzprofil:
Datum: 15.04.2016 - 07:00 Uhr
Sprache: Deutsch
News-ID 464237
Anzahl Zeichen: 4268
contact information:
Town:
Meudon
Kategorie:
Business News
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