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Vodafone and CorFire launch new m-wallet services, Gemalto to manage Voda's global NFC m-payments
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Vodafone and CorFire launch new m-wallet services, Gemalto to manage Voda's global NFC m-payments

Posted by Jeremy CowanNovember 5, 2012

Atlanta, Georgia, USA (BUSINESS WIRE) — CorFire™, the mobile commerce business of SK C&C USA, is providing mobile wallet capabilities to Vodafone Group, enabling Vodafone’s customers to use their smartphones to conduct a number of transactions, including paying for goods and services at the point of sale, during 2013.

CorFire’s leading mobile wallet solution, CorPay™, helps Vodafone further its goal of eliminating the need for physical wallets by delivering customers with comprehensive digital mobile wallet solutions.

“Vodafone’s customer base spans across more than 30 countries, which means our partnership may become one of the biggest, global implementations of NFC and mobile commerce,” said Dr. Jae Chung (pictured), CorFire’s president and CEO. “We applaud Vodafone’s efforts to make mobile commerce a reality in markets which are increasingly relying on smartphones to conduct regular daily activities. As a result of this collaboration, we will bring tangible benefits to consumers and pave the way for financial institutions, transit authorities, merchants, and enterprises to leverage the mobile channel to expand their customer reach.”

CorPay, which works in NFC and non-NFC environments, can leverage the Secure Element if present to encrypt and store personal account information. The solution also relies on a full client / server architecture that allows the support of scenarios such as phone change and SIM switching.

“We are committed to partnering with the best suppliers to offer customers the speed, simplicity and convenience of managing everyday transactions with a single wave or tap of their smartphones,” said Christian Wirtz, Vodafone Group’s m-commerce director. “The consumer benefits of contactless payments are obvious and the industry in Europe is now at the beginning of rolling out a contactless infrastructure. The potential of mobile to transform existing industries – such as financial services, retail and transport – is enormous.”

Vodafone is one of the world’s largest mobile communications companies by revenue with approximately 406 million customers in its controlled and jointly controlled markets as at 30 June 2012. www.vodafone.com

From retailers to handset manufacturers to financial institutions to mobile network operators, organisations today need a proven way to extend their brands and enable their customers to use smartphones as a channel for commerce. With its proven industry expertise, CorFire helps organisations in the mobile ecosystem deliver on the promise of an environment where consumers can live life mobile. Headquartered in Atlanta, CorFire offers three core technology solutions: its Trusted Services Manager (TSM) platform – CorTSM™, a robust mobile wallet platform – CorPay™, and Cor360 – a state-of-the-art suite of mobile marketing services.

Vodafone selects Gemalto to set up and manage
global NFC mobile payment services

Amsterdam, Netherlands — In a separate announcement Gemalto says it has been selected by Vodafone Group to provide and operate its global Trusted Service Management (TSM) platform and deploy NFC services solutions.

This multi-year global contract will provide the foundation for secure and convenient ‘wave and pay’ contactless transactions via mobile phone, as well as for numerous new services that demand the highest levels of security and integrity. Key elements of the end-to-end solution that is being integrated by Gemalto include the Allynis TSM service platform (a complete solution that ensures mobile payment end-to-end security encryption between financial institutions and mobile operators) and the company’s UpTeq NFC high-end card product.

As the turnkey supplier and systems integrator for Vodafone’s ambitious international project, Gemalto will provide for the launch of a range of innovative services that can address hundreds of millions of subscribers, located in all the countries where Vodafone Group operates. To support this programme, Gemalto’s solution will allow both Vodafone subsidiaries and third party service providers such as banks, transport operators and retailers to seamlessly plug into a secure and reliable NFC ecosystem.

“Vodafone’s decision to deploy the first global NFC service with Gemalto marks another important milestone in the long-standing and successful relationship between the two companies” added Philippe Vallée, EVP of Telecommunications at Gemalto. “With the experience of dozens of TSM deployments worldwide, Gemalto brings significant accumulated expertise from both the telecoms and banking sectors. Vodafone’s project will benefit from Gemalto’s robust solution portfolio and from our know-how in end-to-end mission-critical systems integration.”

Gemalto (Euronext NL0000400653 GTO) is a world leader in digital security with 2011 annual revenues of €2 billion and more than 10,000 employees operating out of 74 offices and 14 research & development centres, located in 43 countries.

Billions of people worldwide increasingly want the freedom to communicate, travel, shop, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe. Gemalto aims to deliver on their expanding needs for personal mobile services, payment security, authenticated cloud access, identity and privacy protection, eHealthcare and eGovernment efficiency, convenient ticketing and dependable machine-to-machine (M2M) applications.

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Jeremy Cowan

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