Gemalto, a leading provider in digital security, has been selected by Westpac, a leading financial institution in New Zealand, to offer its Optelio Contactless Sticker for mobile contactless payment. Westpac customers attach the sticker to the back of their mobile device to make quick, secure contactless payments.
According to Gemalto, the Optelio Contactless Sticker embeds a secure EMV microprocessor that will be linked to Westpac customers' credit or debit cards. It will enable small payments at more than 15,000 contactless point-of-sale (PoS) terminals across the country, said Gemalto. The company added that the contactless sticker is certified by international payment associations and is part of the comprehensive range of Gemalto NFC products and services.
Shane Howell, Chief Product Officer at Westpac
The new solution will offer our 1.2 million New Zealand customers a better payment experience, reducing the wait at checkout counters. Gemalto's Optelio Contactless Sticker is an ideal cost-effective solution that can be deployed quickly to enable mobile contactless payment for our customers.
Michael Au, President South Asia and Japan at Gemalto
New Zealand is a pioneer in embracing cashless alternatives with less cash per capita circulating there than in other OECD countries(2). Awareness of emerging payment methods is very high, and New Zealanders are willing to try new improved ways to pay, especially the younger generation. The contactless stickers are an interim step before the move to near field communication on phones