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Cardtek, DC Payments partner on Canadian mobile wallet

Cardtek, a payment technologies provider, has announced that it will launch Mobile Services Manager, a secure mobile payments platform, in partnership with DC Payments, a full-service provider of payment processing and ATM managed solutions.

Mobile Services Manager integrates with leading open mobile wallets, enabling users to make debit card purchases using a mobile phone rather than a bankcard. The service will be available by the end of the year, a press release said.

According to Cardtek, this marks the first time the company has integrated leading open wallet options into its products, a change that will allow DC Payments to offer secure contactless payment services to its financial institution clients.

Cardtek Mobile Services Manager is integrated into DC Payments card management ecosystem as a gateway connecting issuers, DC Payments and a variety of tokenization service providers, beginning with Interac, the Canadian payments brand.

The Mobile Services Manager enables advanced card credential management services, including deployment and lifecycle management, and is tuned to the major digital wallets available in the market, according to the announcement.

"We are extremely pleased to use MSM as the foundation of our comprehensive digital credential enablement platform, 'DC Mobile,'" said Adel Elassal, DC Payments managing director for the Americas. "MSM is designed to meet today's technology demands, while providing a broad-based platform for an expanding set of future digital credentials. These credentials will be used for highly secure contactless payments through point-of-sale terminals, and support the new breed of in-app and secure e-commerce payments. Critically, the MSM allows our financial institution clients to engage in this new range of payment channels without the enormous in-house investment typically required. We provide a wide range of proxy services, like one-time password management, an advanced issuer-controlled risk management engine, and real time access to credential data housed in the MSM vault."

"We have great confidence that this partnership will bring new opportunities and benefits to DC Payments customers," said Emilian Elefteratos, Cardtek executive vice president of sales and marketing for North America. "Utilizing our industry foresight and technical expertise, Cardtek continues to offer a dynamic competitive edge to our customers and partners."