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Gemalto Partners PROSA to Offer Mobile Payments in Mexico

Gemalto Partners PROSA to Offer Mobile Payments in Mexico Image Credit: Gemalto

Gemalto has partnered with PROSA, one of the largest payment processors in Latin America to offer mobile payments to Mexico. PROSA has operations in eight Latin American countries and will provide mobile payment services to all customers covering 95% of credit, debit and prepaid card issuers in Mexico.

PROSA will leverage Gemalto's Allynis Trusted Service Hub (TSH) which enables easy new customer onboarding, which allows banks to swiftly launch their own NFC mobile payment wallets utilizing host card emulation (HCE). 

This solution, one of the first payment solutions of its kind in Mexico, will help banks get in front of the mobile wallet trend by delivering integrated mobile payments to their cardholders. Leveraging TSH, PROSA will be providing services for mobile wallet development, cardholder identification and verification, card digitization and secure delivery to the mobile device. In addition, PROSA will operate Gemalto's Tokenization Platform from its premises in Mexico, providing increased security in digital payments to reduce cross-channel fraud.

José Molina, PROSA's General Manager, Gemalto
Smartphones account for nearly 60 percent of mobile connections in Mexico and the country is experiencing major growth in the number of NFC-enabled POS terminals deployed at retail outlets and banks.

Rodrigo Serna, President for Latin America at Gemalto
Gemalto is committed to supporting PROSA, a key financial service provider, in effectively equipping a major portion of the Mexican market with mobile payment services.

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

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