Telecom Italia selects Gemalto solutions to power mobile wallet
Digital security provider Gemalto announced today that it will provide Telecom Italia with its complete mobile financial services suite. Telecom Italia, Italy's largest wireless provider with more than 30 million subscribers, will use Gemalto's TSM and mobile payment platform to support the launch of a mobile wallet next year.
"Our mobile financial services solution is designed to cover a wide range of use cases, whether online or in proximity, and to facilitate the addition of new mobile NFC services as demand grows," said Jean-Claude Deturche, senior vice president of mobile financial services at Gemalto. "With a tried and tested contactless infrastructure already in place, Telecom Italia's foreseen introduction of the mobile wallet is an exciting step forward for consumers in Italy."
Gemalto's integrated mobile payment solutions will let Telecom Italia subscribers manage their entire mobile wallet from their devices and use it for a broad range of financial services, the company said. Payment methods will include proximity payments for retail and transport, online and remote payments, loyalty programs, and peer-to-peer money transfers, both remotely and in proximity, using NFC.
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