Garanti partners with Gemalto for m-payments services

Wednesday 26 February 2014 08:27 CET | News

Gemalto, the global provider of digital security solutions, has partnered with Garanti to supply its Optelio Contactless microSD to Garanti, a financial institution in Turkey, to support their rollout of mobile contactless services.

Under the terms of the agreement, Garanti will leverage the NFC-enabled microSD to deliver mobile contactless payment and ticketing solutions to Turkish customers.

The company will further provide Garanti with consulting services for infrastructure development and architecture definition of their mobile wallet, as well as the software to enable the communication between the mobile wallet and the microSD.

Gemalto is supplying the product, software and services to the bank through its payment solution provider Garanti Technology, while the microSD payment infrastructure is provided by MasterCard. The program is scheduled for launch via retailers and affiliated service providers in the Q3 2014.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Garanti, Gemalto, m-payments, mobile payments, digital security, Optelio Contactless microSD, Turkey, NFC
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce