Ericsson demonstrated on Wednesday its Trusted Service Manager (TSM) service live at NFC Payments Europe, The Royal Garden Hotel, London.
The system allows remote deployment and removal of payment applications and demonstrates the use of mobile Point of Sale (POS) terminals for payment transactions. The solution provides financial service providers with the capability to issue their applications to secure elements in NFC handsets while retaining complete control of their products, risk parameters and data.
Richard Anell, Head of IPX, Ericsson, says; "With this demo, Ericsson and partners showed today the removal of one more barrier to entry for financial card issuers. We have further reduced the complexity of connecting to secure element issuers and demonstrated how simple it could be for credit card issuers to load payment cards securely onto mobile phones.”
John Wiese, Zenius CEO continues, “The standardized NFC ecosystem is rapidly becoming a reality, reducing the complexity and cost of commercial rollout to application issuers of all types and further underlining the ease and security of payment at the point of sale. We are providing a next generation system that will finally allow the rapid introduction of mobile commerce globally.”
The demo shows the entire card issuance process, from consumer request, through delivery, activation and payment using the card. In this case a major credit/payment card is requested on a website. Card data is generated by Aconite’s MoAM system, and the card is then loaded onto the mobile phone using Ericsson’s IPX TSM remote application management service. A visual image of the card that was ordered and the credentials appear on the phone and the card is securely activated OTA (Over-The-Air). After provisioning the phone with multiple instances of two credit cards, the wallet phone was used to successfully select a specific account and complete a transaction using that account by tapping against the POS phone, running Zenius’ M-Transact software. This authenticated the account online and debited funds after confirmation by the consumer.
Patrick Register, Sales Director, Aconite, says: “The collaboration of Aconite, Ericsson and Zenius has created an end to end solution, for financial issuers, which gives them complete control of their business processes and payment data, without investment in mobile infrastructure. By minimizing investment in infrastructure components and maximizing issuer control over their mobile applications, we reduce capital investment and improve ROI, demonstrating the benefit of the standards based component system.”
The solution uses the Ericsson’s IPX TSM service, integrated through GlobalPlatform standard interfaces to Aconite’s MoAM Service Provider system and the Zenius mobile wallet. The solution allows payment application data to be generated, securely delivered to the TSM and then personalized OTA to secure elements in the phone, to permit payments to be made using the NFC interface.