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Kyivstar Ukraine Picks Gemalto UpTeq Multi-tenant SIM for NFC Mobile Payments

Kyivstar Ukraine Picks Gemalto UpTeq Multi-tenant SIM for NFC Mobile Payments Gemalto
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MEF

Kyivstar, Ukrainian business unit of VimpelCom with a total customer base of over 25 million subscribers, has selected Gemalto's UpTeq Multi-tenant SIM embedded software to support the country’s first ever contactless payment via a mobile phone. Gemalto, the world leader in digital security, notes that the Alfa Bank’s pilot paves the way for a full commercial launch of NFC mobile payments across Ukraine. 

According to Gemalto, the UpTeq Multi-tenant SIM will enable payment for a host of goods and services with nothing more than the tap of a smartphone. The UpTeq SIM design incorporates a unique multi-tenant architecture that facilitates simple and fast on-boarding of new service providers to create a compelling value proposition for mobile operators, banks, transit and loyalty schemes. 

 

“Kyivstar is committed to delivering an outstanding mobile payment experience,” said Alexey Kireev, Head of New Business Department at Kyivstar. “Our goal is to continue developing mobile finance products at Kyivstar extensively in 2014. We are glad to be working with one of the world’s most trusted partners for NFC.”

“NFC technology virtually transforms a smartphone into a fully functional ‘mobile purse‘, which offers Alfa-Bank customers a trendy, ubiquitous payment method,” noted Piotr Kaczmarek, Director of Retail Business, Alfa-Bank (Ukraine). « And you may use it anywhere you come across a contactless payment terminal.“

Philippe Cambriel,  EVP Secure Transactions Business Unit Gemalto [Credit:Gemalto]“By leveraging Gemalto’s NFC technology, Kyivstar and Alfa Bank are pioneering a revolution in the way Ukrainians will pay for goods and services in the years ahead,” added Philippe Cambriel, Gemalto President for Europe, Mediterranean and CIS. “With the boom in contactless equipment at the point of sale in the country, this is the perfect timing for mobile payment introduction.

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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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