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Mobile Payment Systems Expand Globally

We have all heard of mobile contactless payment systems and their applications in the real world. The companies behind such payment solutions want to make their mark by implementing smooth and efficient mobile payment systems around the globe. What could be the opportunity then to enable such solutions at public transport systems that provide the instant scale of a huge customer base? With this synergy in mind, there are many companies who have already taken the initiative and deployed the following interesting use cases: In Spain, Gemalto is providing a mobile contactless solution that enables NFC based access to the Madrid transport system. Gemalto is delivering its Allynis Trusted Service Manager (TSM) and UpTeq Multitenant SIM with MIFARE DESFire technologies to CRTM and Telefonica respectively. Telefonica is Spain’s leading MNO (mobile network operator). The new payment system for the public transport system is currently in its pilot phase. Users are required to download the transport application developed by Samsung. The Samsung application allows users to register payment cards securely to conveniently purchase digital tickets. The TSM is used to top up the application on the SIM with the tickets that the users buy.

Read the whole story at Let's Talk Payments »

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