Mastercard

Gemalto , one of the leaders in digital security, is providing Standard Bank, a financial institutions in South Africa, with a multifunction EMV contactless payment card enabling users to pay for transit fares and other goods and services with one digital wallet.

INSIDE Secure, a provider of semiconductor solutions for secure transactions and digital identity, announced that its Mobile MasterCard (R) PayPass (TM) M/Chip 4 payment applet has attained MasterCard CAST and Functional certification on the INSIDE SecuRead (R) NFC module.

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

London, UK. August 1, 2012 – Near field communication (NFC), the promising mobile (m)-payment technology, has not created the revenue-generating opportunities the telecom industry expected. So says, a new report from analysts Frost & Sullivan.

Taiwanese Cathay United Bank recently launched a trial for mobile payments and transit in Taipei. The project enables bank customers to use their mobile phones to make contactless payments at local stores and to access the Taipei public transit system.

Palaiseau, France – FIME, a global consulting and market integration tester for smart devices and secure chip-based applications, has certified Qatar National Bank’s contactless mobile payments system for compliance with MasterCard® PayPass™ specifications. The pilot project, which began roll-out in March this year, is Qatar’s first near field communication (NFC) payments initiative.

Istanbul, Turkey – Denizbank has joined Turkcell’s Cep-T Cuzdan platform enabling its customers to make contactless payment with their handsets using Near Field Communications (NFC) technology. At the same time patients in Turkey with chronic diseases are finding their care controlled by Turkcell’s Smart Health solution.

Munich, Germany — Giesecke & Devrient (G&D) is supplying Near Field Communications-enabled Subscriber Identity Modules (SIMs) to Noverca, an MVNO (mobile virtual network operator) for Italy’s first mobile payments pilot project being conducted with Banca Intesa Sanpaulo.

Orange and Barclaycard today launch ‘Quick Tap’ – the UK’s first contactless mobile phone payments service,  allowing consumers to make purchases on the high street using their mobile phone.

Digital security company Gemalto has announced what it claims is the world’s first UICC-embedded software application compliant with Mobile Mastercard Paypass M/Chip 4, the new Mastercard payment specification for mobile near field communications (NFC).