Ericsson and Aconite collaborate on mobile contactless payments

 
June 8, 2012

Ericsson this week announced a partnership with Aconite to provide secure delivery and remote management of applications for consumers' NFC-enabled mobile phones.

A story at Voicendata said the service will give application issuers a turnkey solution for distributing mobile-based products to their customers and refreshing those products as needed. The service will allow an app issuer to create a security domain within any type of secure element in an NFC handset and to load, personalize, update or delete applets on that domain.

It will also allow issuers to transfer data between their security domains within secure elements and Aconite Mobile Application Manager, in order to manage payment transactions, EMV scripts, prepaid top-ups and other transactions.

The Aconite Mobile Application Manager is standard compliant with Global Platform standard messaging interfaces to ensure that the issuer's data remains isolated from the mobile infrastructure and maintained securely within the Aconite Mobile Application Manager environment.

"Our collaboration with Ericsson lets us offer retail financial institutions of all sizes the opportunity to give their customers innovative, world-class mobile payments services economically and without delay," said Patrick Regester, Aconite senior vice president of sales and marketing.

"Aconite has an excellent reputation and experience with their proven smart card management product, and have demonstrated its reliability and functional flexibility in industrial scale production use," said Richard Anell, head of Ericsson's IPX business. "The Ericsson TSM platform lowers the barriers of entry to the contactless ecosystem for issuers. We feel this collaboration is a winning combination and look forward to meeting financial institutions' requirements in the mobile payments space."

For more on this topic, visit the mobile banking research center.


Topics: Contactless / NFC , Handsets / Devices , Security


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