JETCO selects Gemalto to roll out secure Peer-to-Peer mobile payments in Hong Kong

JETCO selects Gemalto to roll out secure Peer-to-Peer mobile payments in Hong Kong

ID: 469739

(Thomson Reuters ONE) -


Amsterdam, May 10, 2016 - Gemalto (Euronext NL0000400653 GTO), the world leader
in digital security, will provide JETCO with it Ezio Mobile Suite, including
servers for mobile enrollment and provisioning, authentication and messaging.
JETCO runs on its existing inter-bank network, is a bank consortium chartered to
develop innovative and secure financial technology services for over 30 member
banks in Hong Kong and Macau. Gemalto's solution, integrated with JETCO's mobile
application, provides strong authentication, data encryption and advanced
protection against malware attacks. As a result, users can now seamlessly make
fund transfer directly from their bank accounts to their friends via Peer-to-
Peer (P2P) payments using mobile numbers.

Hong Kong is ready for mobile payments with a high proliferation of smartphones,
widespread acceptance of contactless payments, and favorable government
regulations[1]. Therefore, consumers have many choices for mobile payments, and
JETCO leverages its inter-bank network of trusted financial brands to boast a
high level of security and launch the first-of-its-kind JETCO Pay P2P inter-bank
fund transfer services in tandem with 12 banks, which sets it apart as a game-
changer for wider mainstream adoption.

"We are glad to have partnered with an industry leader in security and payment
solution. Gemalto's Ezio solution not only reduces our time to market, but also
fully complies with Hong Kong Monetary Authority's security requirements.
Looking ahead, we will keep pursue and exploit exciting business opportunities
together as we both share commitment to deliver world-class products and
services to our customers in Hong Kong and beyond," said Mr. Angus Choi, CEO of
JETCO Hong Kong.

"JETCO has been investing in mobile technology in recent years to transform




themselves from an ATM network operator to a major player in the contactless
payment services," said Suzanne Tong-Li, President for Greater China and Korea
at Gemalto. "With a wide portfolio of secured mobile banking and payment
solutions, we can help JETCO to grow their ecosystem even further, offering
next-generation services such as card less withdrawals and payments, eCommerce
and mPOS-based payments."


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 49
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



--------------------------------------------------------------------------------

[1] http://www.hkma.gov.hk/media/eng/publication-and-research/quarterly-
bulletin/qb201312/fa3.pdf

Press release (PDF):
http://hugin.info/159293/R/2010962/744354.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Gemalto via GlobeNewswire
[HUG#2010962]




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Bereitgestellt von Benutzer: hugin
Datum: 10.05.2016 - 07:02 Uhr
Sprache: Deutsch
News-ID 469739
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