Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Mobile & Tabs
Gemalto Partners with Samsung to accelerate the deployment of Samsung Pay in Europe with Innovative Security Solutions
TT Correspondent |  |  09 Sep 2015

Gemalto has joined forces with Samsung to accelerate the deployment of Samsung Pay in Europe through Gemalto’s Allynis Trusted Service Hub (TSH). Samsung Pay is a simple and secure mobile payment service that will provide wider acceptance with NFC and MST (Magnetic Secure Transmission) working in most of merchant locations. Gemalto and Samsung are actively working with payment issuers to roll out Samsung Pay to Europe.
 
“We are excited to work with Gemalto as they offer Gemalto’s hub services worldwide that offer a secure payment card digitization solution to Samsung Pay. With Gemalto’s technologies, Samsung Pay will be able to deliver a simple, secure and everywhere mobile payment experience to more consumers,” said Injong Rhee, EVP of Samsung Electronics, global head of B2B Solutions.
 
“Our role is to support our payment issuer customers and Samsung to accelerate bringing Samsung Pay to consumers, by bringing the most robust technology and connection services to the game. Our track record of serving banks and handling sensitive data, as well as our understanding of security management on mobile handsets are of critical importance for them. We have built our solution to take the technical complexity out of the equation for payment issuers, and we are ready to address our customers’ pain points around user enrolment and eco-system fragmentation,” said Teck-Lee Tan, Executive VP of Platforms and Services at Gemalto.

Gemalto’s Allynis TSH is a one-stop connection that offers payment issuers an accelerated path to launch mobile payment services, integrating streamlined user enrollment, service installation and lifecycle management of payment credentials or tokenization services. Onboarding for payment issuers is significantly simplified, without the need for massive new IT investments and rapidly offering a frictionless user experience across the full range of handset security models. Samsung Pay on the new Galaxy handsets benefits from a dedicated embedded secure element for storing sensitive credentials, while the Allynis TSH ensures that payment issuers can benefit from the maximum flexibility for future roadmaps.

    
Other Stories in this Section
 mail this article    print this article    Show and Post comment
09 Sep 2015(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more