Gemalto, Banco Itaú and TIM Launch Brazil’s First Pilot Programme for NFC Payments
Digital security group Gemalto said that its UpTeq near field communication (NFC) subscriber identity module (SIM) and Allynis Trusted Services Management (TSM) platform will support Brazil’s first mobile NFC payment programme, which is being rolled out by Banco Itaú.
Mobile operator TIM Brasil, which has 70m subscribers, and Banco Itaú are using the security group’s technology to transform smartphones into convenient mobile payment solutions that enable secure, on-the-go transactions by waving the handset close to a contactless payment terminal. Gemalto’s TSM platform aims to enable the secure integration and management of NFC services across Brazil
Gemalto said that its NFC SIM cards and TSM platform simplify and speed up secure mobile transactions, keeping sensitive account data private. As the pilot programme expands, the mobile payments rollout will allow secure, over-the-air (OTA) installation of a wide range of NFC services on mobile devices such as public transportation.
“The pilot in Brazil is an extension of more than 50 successful global deployments of Gemalto’s NFC technology and this is only the beginning in Latin America,” said Eric Megret-Dorne, senior vice president (SVP) of secure transactions at Gemalto Latin America. “The collaboration with strong market leaders such as TIM Brasil and Banco Itaú is a major step forward in rolling out NFC services to the masses in Brazil.”