Digital security provider Gemalto announced it will be partnering with China’s  UnionPay to build a secure mobile NFC ecosystem across China. Considering UnionPay is the only domestic payment scheme servicing China, with more than 3.5 billion cards issued, that's a sizable undertaking.

According to a release on the partnership, Gemalto will be providing a number of services including TSM interoperability, security and operational guidelines, plus technology standards and specifications.

"We believe that mobile payment has enormous potential in China," Chai Hong Feng, UnionPay EVP, said in a statement. "UnionPay is a staunch supporter of payment innovation and mobile payment is an integral part of our endeavors. Gemalto has a wealth of experience in NFC and mobile payment deployments worldwide."

Read more about contactless/NFC.

Related Content

User Comments – Give us your opinion!
Products & Services

Cellum Parking

http://global.networldalliance.com/new/images/products/6749.png

6749/Cellum-Parking

Infobip 2 Way SMS

http://global.networldalliance.com/new/images/products/6123.png

6123/Infobip-2-Way-SMS

Infobip USSD solution

http://global.networldalliance.com/new/images/products/6125.png

6125/Infobip-USSD-solution

Cardholder Present

http://global.networldalliance.com/new/images/products/6745.png

6745/Cardholder-Present

Mobile Money Cash Solution

http://global.networldalliance.com/new/images/products/6415.png

6415/Mobile-Money-Cash-Solution

Cellum Mobile Next

http://global.networldalliance.com/new/images/products/6733.png

6733/Cellum-Mobile-Next

Netswipe®

http://global.networldalliance.com/new/images/products/6343.png

6343/Netswipe

Agency Banking

http://global.networldalliance.com/new/images/products/7043.png

7043/Agency-Banking

Cellum Bill Payment

http://global.networldalliance.com/new/images/products/6739.png

6739/Cellum-Bill-Payment

mPayment

http://global.networldalliance.com/new/images/products/7033.png

7033/mPayment

VAS Show London 2014
CONNECT 2014 Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.