Digital security vendor Gemalto today said it supplied its Allynis Trusted Services Hub (TSH) to secure NFC payment services launched by Taiwan Mobile Payment Co. (TWMP), a mobile-payments joint venture of three Taiwanese banking groups.
Gemalto’s TSH will provide an aggregation service for banks, and perform secure provisioning of payment credentials to the users’ devices. 27 Taiwanese banks have already signed up to the TSH to launch their NFC payment services, with more expected to join in soon.
This TSH will enable TWMP to accelerate the deployment of mobile contactless services in Taiwan by providing a single connection for secure distribution and management of diverse applications.
End-users will be able to use their phones to make contactless payments for goods and services at 30,000 terminals such as convenience stores, retailers, and taxis. They will also be able to use their mobile wallet for mobile banking through traditional data services.
“With major banks and operators launching mobile NFC services in Taiwan, the country is all set for mass adoption, “said Suzanne Tong-Li, president for Greater China and Korea at Gemalto.