SK Telecom Selects Gemplus USIM Card for 3G W-CDMA launch and 3G MONETA Mobile Proximity Payment

Friday 20 February 2004 08:55 CET | News

Korean SK Telecom has selected Gemplus, todeliver USIM card technology for the commercial launch of its 3G W-CDMA network.

The Gemplus GemXplore 3G USIM cards deployed for SK Telecom support all three primary networks currently available: 3G W-CDMA, CDMA 2000 1X and GSM. They also support WIM (Wireless Internet Module) as an additional security feature for WAP based mobile commerce transactions and the VSDC (VISA Smart Debit Credit) application by VISA International for the worlds first mobile proximity payment service on USIM card, MONETA. SK Telecom first introduced the MONETA card in 2001, co-branded with VISA. The IC Credit Cards were issued by prominent banks and credit card companies in Korea and included all conventional credit card functions and others such as e-Money (Visa Cash), loyalty, and SK Telecom membership. In early 2003, the upgraded version of MONETA Card was introduced as MONETA Chip - also recognized as a Credit Card in a Cellular Phone. The plug-in type IC credit card, inserted into the mobile phone, contained the Credit Card application, which enables CDMA subscribers to use their mobile phone to pay for goods and services by IrFM (Infrared Financial Messaging) or RF (Radio Frequency) at physical terminals. SK Telecom launched (and issued) the 3G MONETA Chip from Gemplus for their 3G W-CDMA network on 29 December 2003. The card is available to all 3G W-CDMA subscribers. This achievement proves SKT as a pioneer of this most advanced m-commerce services and demonstrates again GEMPLUS technical leadership in the Smart Card industry worldwide. This strategic collaboration of SKT and GEMPLUS, leaders in their respective industries, marks a historical milestone in the convergence of the financial and mobile telecommunications services.

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Keywords: ,
Categories: Payments & Commerce | Cards
Countries: World
This article is part of category

Payments & Commerce