With G&Dâs TSM, banks and service providers have a standardized, easy to use, cost-effective and secure method to transfer and install PayPassâ¢-enabled payment account information, on demand, in real time, onto Near Field Communication (NFC)-enabled mobile phones. After account provisioning, consumers can immediately use their mobile phone at more than three hundred thousand merchant locations worldwide where PayPass is accepted.
âG&Dâs Trusted Service Manager (TSM) solution is an important component in accelerating the deployment of PayPass onto NFC ready handsets. Having evaluated this TSM platform and used these services in several initiatives since 2009, we are delighted to have certified G&Dâs newest installation of the TSM solution in Toronto, Canada,â said Ed McLaughlin, chief emerging payments officer at MasterCard.
OTA (Over-the-Air) is a remote process that enables service providers to securely download and personalize credentials into a secure element such as an NFC SIM or embedded secure element residing in the consumerâs handset. Certification is based on a detailed security and functional assessment process.
âWe see a very rapidly growing demand for NFC applications worldwide, and G&D is well positioned to offer complete solutions for the commercial roll-out of NFC TSM services, due to our strong position in contactless payment cards,â remarks Michael Kuemmerle, member of the Management Board and Group Executive of Mobile Security at G&D. âThis MasterCard certification is another important milestone G&D has realized to enable the NFC ecosystem in Canada and globally. We are proud to play a key role in this next payment innovation with our partner MasterCard.â
G&D is currently preparing multiple commercial NFC roll-outs in its Toronto TSM hub as well as in its Munich TSM hub.