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Gemalto, Samsung Partner to Launch Samsung Pay in Europe

Gemalto, Samsung Partner to Launch Samsung Pay in Europe Image Credit: Samsung

Mobile security firm, Gemalto joins forces with Samsung to accelerate the deployment of Samsung mobile payment service, Samsung Pay through Gemalto’s Allynis Trusted Service Hub (TSH). Both companies are actively working with payment issuers to roll out Samsung Pay to Europe. Samsung Pay is designed to enable more merchants to participate in mobile payments, supporting both the Near Frequency Communications (NFC) and MST (Magnetic Secure Transmission) technologies.  

According to Gemalto, its Allynis TSH is a one-stop connection that offers payment issuers an accelerated path to launch mobile payment services, integrating streamlined user enrollment, service installation and lifecycle management of payment credentials or tokenization services. Samsung Pay on the new Galaxy handsets benefits from a dedicated embedded secure element for storing sensitive credentials, while theAllynis TSH ensures that payment issuers can benefit from the maximum flexibility for future roadmaps, said Gemalto.

Injong Rhee, EVP of Samsung Electronics, global head of B2B Solutions
We are excited to work with Gemalto as they offer Gemalto’s Hub services to worldwide that offer a secure payment card digitization solution to Samsung Pay. With Gemalto’s technologies, Samsung Pay will be able to delivera simple, secure and everywhere mobile payment experience to more consumers.

Teck-Lee Tan, Executive VP of Platforms and Services at Gemalto
Our role is to support our payment issuer customers and Samsung to accelerate bringing Samsung Pay to consumers, by bringing the most robust technology and connection services to the game. Our track record of serving banks and handling sensitive data, as well as our understanding of security management on mobile handsets are of critical importance for them.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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