Gemalto, the world leader in digital security, announces that Joint Electronic Teller Services Limited (JETCO), a large Automatic Teller Machine (ATM) network in the region consisting of 32 member banks, has commercially launched mobile NFC services in Hong Kong and Macau using the company's Allynis Trusted Services Hub (TSH).
According to Gemalto, the TSH provides aggregation service for banks and service providers, delivering secure over-the-air provisioning of payment credentials to their customers' NFC phones. This will allow users to pay for their goods, services, and transport with a simple tap of their smartphones. With Gemalto's TSH, JETCO will have an immediate access to the broadest base of users on a single connection, allowing it to quickly deploy NFC services across a comprehensive portfolio of smartphones and mobile networks.
Hong Kong is experiencing major growth in cross border payments, particularly with Mainland China. Gemalto's TSH provides a one-stop solution that allows our member banks to plug in to the NFC infrastructure and provision services for their large base of customers, seamlessly and securely.
Gemalto's TSH enables JETCO to play the role of a trusted third party, eliminating the need for multiple individual contracts. With a strong track record of NFC deployments in Asia, we can empower JETCO to play a leading role in transforming Hong Kong into a fully cashless society.
