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December 13, 2011 10:07 pm EDT
Let's face it: one of the only ways we'll ever see mobile payments become mainstream is to get the general public on board. To do so, we have to be confident it's safe, and mobile wallets are currently viewed as anything but. Isis, the joint NFC venture between AT&T, Verizon and T-Mobile, understands this, and just announced that it's teamed up with Gemalto to deploy a Trusted Service Manager to provide secure provisioning of consumer information and sensitive financial data. The Google Wallet competitor appears to be gaining momentum, as the three carriers have pumped $100 million into the initiative, and several OEMs have pledged to support the service in their phones. Isis also went on to discuss that its focus is not going to be entirely on the mobile wallet; it will offer a few other NFC-related services, such as smart posters that can beam coupons and tickets to your phone, using your handset as a key to get access to an office or home, and storing your train or bus tickets. The question remains: if you're confident that your financial information is secure, are you willing to try out contactless pay? Or is it ever truly safe?
Gemalto ||Comments
Original Link: http://www.engadget.com/2011/12/13/gemalto-chosen-by-isis-to-keep-its-nfc-and-mobile-payment-servic/
Gemalto chosen by Isis to keep its NFC and mobile payment service secure
Let's face it: one of the only ways we'll ever see mobile payments become mainstream is to get the general public on board. To do so, we have to be confident it's safe, and mobile wallets are currently viewed as anything but. Isis, the joint NFC venture between AT&T, Verizon and T-Mobile, understands this, and just announced that it's teamed up with Gemalto to deploy a Trusted Service Manager to provide secure provisioning of consumer information and sensitive financial data. The Google Wallet competitor appears to be gaining momentum, as the three carriers have pumped $100 million into the initiative, and several OEMs have pledged to support the service in their phones. Isis also went on to discuss that its focus is not going to be entirely on the mobile wallet; it will offer a few other NFC-related services, such as smart posters that can beam coupons and tickets to your phone, using your handset as a key to get access to an office or home, and storing your train or bus tickets. The question remains: if you're confident that your financial information is secure, are you willing to try out contactless pay? Or is it ever truly safe?Continue reading Gemalto chosen by Isis to keep its NFC and mobile payment service secure
Gemalto chosen by Isis to keep its NFC and mobile payment service secure originally appeared on Engadget on Tue, 13 Dec 2011 17:07:00 EDT. Please see our terms for use of feeds.
Permalink |Gemalto ||CommentsOriginal Link: http://www.engadget.com/2011/12/13/gemalto-chosen-by-isis-to-keep-its-nfc-and-mobile-payment-servic/
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