Gemalto, a leading provider of digital security solutions, has provided its Allynis Trusted Services Hub (TSH) to power NFC payment services launched by Taiwan Mobile Payment (TWMP). TWMP is a mobile-payments joint venture formed by three prominent Taiwanese banking groups and is backed by 27 Taiwanese banks. Its services cover all of Taiwan's ATM, check, and credit card transactions.
According to Gemalto, its TSH solution will provide an aggregation service for banks, and perform secure provisioning of payment credentials to the users' devices. Gemalto said that it is working with major operators in the region to extend the existing NFC services across the entire Asia-Pacific region.
To enable customers to leverage the NFC payment services, TWMP has released the ‘tw wallet’ smartphone interface which helps them make payments for goods and services at 30,000 terminals such as convenience stores, retailers, and taxis. Customers will also be able to use their mobile wallet for mobile banking through traditional data services, added Gemalto.