Vodafone has signed a multi-year deal with Gemalto for the NFC security firm to help the operator build its 'wave and pay' services using a mobile phone.
The deal is for all of Vodafone's global territories. Among the features Gemalto will build into Vodafone's service is security encryption between operators and financial institutions. In February, Vodafone announced it was working with Visa on a mobile payments service, using the financial services company's payWave technology. It will be launched by the end of the operator's financial year.
Christian Wirtz, Vodafone Group's mCommerce director, said: '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. 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.'
Philippe Vallée, executive VP of telecommunications at Gemalto, said: '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. 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.'
Editor: Graeme Neill