G&D aids Telefonica's m-pay push

Telefonica is edging ever-closer to the commercial launch of a mobile wallet (m-wallet) scheme, agreeing a deal to develop a Europe-wide NFC platform with smartcard firm Giesecke & Devrient (G&D).
 
The agreement covers G&D’s trusted service manager technology, which enables over the air transfers, and the administration, personalization and updates for NFC-capable SIM cards. G&D is also named as a preferred supplier of SIMs to Telefonica.
 
Joaquín Mata, global financial services head at Telefónica Digital, says the long-term goal is to create an “open NFC ecosystem,” that is interoperable with other systems and can be made available to third parties. The deal with G&D will help the firm “turn NFC services in [sic] a commercial reality,” he adds.
 
Telefonica began trialing an NFC-based m-wallet scheme with 1,000 employees in April, and recently extended the test to an extra 350 users via a deal with RIM. The operator aims to offer live services in 2012.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.