New Zealand: Westpac selects Gemaltos mobile contactless payment solution

Thursday 13 November 2014 09:47 CET | News

Gemalto, a digital security provider, has been selected by New Zealand-based financial institution Westpac, to provide its Optelio Contactless Sticker for mobile payment.

Following the agreement, Westpac customers will have to attach the sticker to the back of their mobile device to make contactless payments.

The Optelio Contactless Sticker embeds a EMV microprocessor that will be linked to Westpac customers credit or debit cards. It will enable small payments at more than 15,000 contactless point-of-sale (POS) terminals across the country. The contactless sticker is certified by international payment associations and is part of the Gemalto NFC products and services.

Gemalto is a global provider of digital security with more than 12,000 employees operating out of 85 offices and 25 research and software development centers, located in 44 countries. Gemalto delivers on their customers’ needs for personal mobile services, payment security, authenticated cloud access, identity and privacy protection, e-healthcare and e-government efficiency, ticketing and dependable machine-to-machine (M2M) applications.

In recent news, Westpac New Zealand has rolled out a mobile app using augmented reality for managing money.

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: Westpac, Gemalto, mobile, contactless, payment, New Zealand, Optelio Contactless Sticker, EMV, POS, sticker
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce