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Norway's first NFC wallet uses Gemalto's tech

Norway-based mobile network operator Telenor has partnered with two area financial institutions to launch the country's first NFC-enabled mobile wallet called Valyou.

Norway-based mobile network operator Telenor has partnered with two area financial institutions to launch the country's first NFC-enabled mobile wallet called Valyou, according to a press release.

The companies are using Gemalto's Allynis Trusted Service Hub, which offers banks, mobile and transport operators and all digital service providers a single connection in order to deploy their mobile services. Gemalto launched the service in September

Telenor is Norway's leading mobile operator with three million subscribers in the country and some 180 million worldwide. DNB and SpareBank 1 are the first and second largest financial services providers in the country, respectively. Four more banks are already planning to join the Valyou community, according to the announcement. 

Gemalto's hub platform for Valyou is a turnkey business service hosted in Gemalto's certified secure data centers, ensuring banking-grade security for NFC payments, according to the announcement. Gemalto's product also provides Valyou with the broadest reach of users and most future-proof technology across mobile platforms. 

"We are eager to promote NFC take-up in Norway and provide all consumers with multiple innovative services, starting with payment and moving on to ID, access control, ticketing, loyalty and special offers," Tor Jacobsen, CEO for Valyou, said in a statement. "With this in mind, we have chosen Gemalto's trusted service platform, which allows the on-boarding of additional stakeholders over time and will boost consumer adoption and stickiness."