G&D aids Telefonica's m-pay push
Michael Carroll |
December 05, 2011
telecomseurope.net
Telefonica is edging ever-closer to the commercial launch of a mobile wallet (m-wallet) scheme, agreeing a deal to develop a Europe-wide NFC platform with smartcard firm Giesecke & Devrient (G&D).
The agreement covers G&D’s trusted service manager technology, which enables
over the air transfers, and the administration, personalization and updates for NFC-capable SIM cards. G&D is also named as a preferred supplier of SIMs to Telefonica.
Joaquín Mata, global financial services head at Telefónica Digital, says the long-term goal is to create an “open NFC ecosystem,” that is interoperable with other systems and can be made available to third parties. The deal with G&D will help the firm “turn NFC services in [sic] a commercial reality,” he adds.