Gemalto B.V.
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Publicatie datum
15 apr 2016 - 07:00
Statutaire naam
Gemalto B.V.
Titel
Gemalto deploys Secure Element based applet to accelerate the development of Mobile Payments on Wearables
Bericht
Amsterdam, April 15, 2016 - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has provided a secure element based applet for smart wearables launched by China UnionPay Co. (CUP), 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[1]. CUP had launched smart wearables with embedded secure elements based payment applications last year. The payment applet runs on the 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.
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Datum laatste update: 18 februari 2025