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Gemalto Deploys Special Applet for China UnionPay Mobile Payment on Smart Wearables

Gemalto Deploys Special Applet for China UnionPay Mobile Payment on Smart Wearables Image Credit: Gemalto

Gemalto announced that it has provided a secure element based applet for smart wearables launched by China UnionPay, one of the world's major payment associations with total transactions reaching USD 1.9 trillion in the first quarter of 2015.

Smart wearable devices are gaining popularity globally, with total shipments expected to surpass 200 million in 2019. UnionPay had launched smart wearables with embedded secure elements based payment applications last year. The payment applet runs on a secure element, to provide online and offline payment capabilities on wearables.  This will eliminate the need for different card vendors to develop their own versions, simplifying deployment of payment applications on a wide range of secure elements and vastly improving time to market for a new era of innovative wearables.

Suzanne Tong-Li, President for Greater China and Korea at Gemalto
Intelligent NFC-based wearable devices are set to disrupt our lives much beyond contactless payments – from user access and authentication to smart homes and cities, the possibilities are simply endless.

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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