G&D adds Visa Mobile approval to its worldwide Trusted Service Manager centres

Visa has approved the Trusted Service Manager centers operated by Giesecke & Devrient (G&D) in Munich and Toronto for commercial NFC applications.

After previously receiving MasterCard certification for its two TSM hubs last year, the technology group can now offer worldwide TSM services for contactless payment applications based on Visa’s payWave and MasterCard’s PayPass™ technology. This places G&D in an excellent position to roll out commercial NFC services such as payment and ticketing applications for mobile phones.

The Trusted Service Manager is a key component for the rollout and operation of secure NFC services. G&D’s TSM platform enables diverse market players such as banks, mobile network operators, and public transportation operators to securely install and manage their own NFC applications on their customers’ mobile phones.

Visa issued its approval after a series of tests had been carried out on critical security features and functions. The G&D data centre in Munich was already running pilots using the Visa payWave payment application.

Now that they have also been approved by Visa, G&D will be able to offer service providers the option of having the Visa payWave payment application installed, personalised, and managed Over-the-Air (OTA) in protected memory devices such as mobile-phone SIM cards or Embedded Secure Elements.

Account data and other sensitive information are transmitted in multiple-encrypted form. Once the service has been activated, end users can use their mobile phones to make contactless payments at several hundred thousand merchant contactless terminals around the world.

“Now that Visa has approved our TSM facilities in Munich and Toronto, G&D is in an excellent position to offer contactless payment applications worldwide,” said Michael Kuemmerle, group executive mobile security at Giesecke & Devrient.

By operating two separate but interlinked data centers, one in Munich and the other in Toronto, G&D can guarantee service providers uninterrupted access even if one of the centers should encounter technical problems.

RECENT ARTICLES

Army’s new next generation squad weapon programme to launch ARC’s weapons intelligence platform

Posted on: August 12, 2022

Washington – Armaments Research Company, Inc, a technology and data company serving national security and public safety customers, announced their Internet-of-Things (IoT) full-stack technology will be introduced in the Next Generation Squad Weapon (NGSW) programme of record, in partnership with Sig Sauer. For the first time in 65 years, the U.S. Army’s initiative will replace

Read more

Connected logistics market to hit $47.6bn valuation by 2029 backed by MaaS for fleet management

Posted on: August 12, 2022

The global connected logistics market stands at a valuation of US$22.2 billion (€21.61 billion) in 2022 and is projected to reach $47.6 billion (€46.34 billion) by the end of 2029. Demand for connected logistics is estimated to increase at a compound annual growth rate (CAGR) of 11.5% over the forecast period (2022-2029).

Read more
FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more
IoT Newsletter

Join the IoT Now online community for FREE, to receive: Exclusive offers for entry to all the IoT events that matter, round the world

Free access to a huge selection of the latest IoT analyst reports and industry whitepapers

The latest IoT news, as it breaks, to your inbox