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Companies Team for NFC Payment Service

Gemalto, a leading player in digital security, has teamed up with Chunghwa Telecom, the largest operator in Taiwan with 10 million subscribers, to secure their mobile NFC services. This commercial launch, supported by MasterCard and four leading Taiwanese banks, uses Gemalto’s UpTeq Multi-tenant NFC SIM and embedded software to host mobile payment and Mifare transit purse on a single card. This enables Chunghwa Telecom’s subscribers to pay for a variety of goods and services, including rides on Taipei’s crowded metro trains and buses, with a simple tap of their NFC phones on a contactless reader. Gemalto’s NFC SIM solution provides banking-grade security for mobile contactless transactions. The Taiwanese are the most frequent users of smartphones in the Asia Pacific region and this deployment will pave the way for more service providers to come onboard and deploy mobile contactless services in the country.

Read the whole story at Let's Talk Payments »

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