Gemalto, Banco Itaú and TIM Launch Brazil’s First Pilot Program for NFC Payments

Amsterdam - 22 February 2013

Gemalto’s UpTeq NFC SIM cards and Allynis Trusted Service Management platform enable mobile contactless payments for TIM Itaucard

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced that its UpTeq NFC SIM andAllynisTrusted Services Management (TSM) platform are at the core of Brazil’s first mobile NFC payment program. TIM Brasil, a mobile operator with 70 million subscribers, and Banco Itaú, one of the world's largest banks, are using Gemalto’s technology to transform smartphones into convenient mobile payment solutions that enable secure, on-the-go transactions by simply waving the handset close to a contactless payment terminal. Gemalto’s TSM platform will enable the secure integration and management of NFC services across the country.

Gemalto’s NFC SIM cards and TSM platform greatly simplify and speed up secure mobile transactions, keeping sensitive account data private while providing a value added service that increases customer satisfaction and loyalty for brands and banks. Participants can make purchases in more than 100 frequently visited restaurants, coffee shops and local stores. As the pilot program expands, Gemalto’s TSM solution will allow secure, over-the-air installation of a wide range of NFC services on mobile devices such as public transportation.

“Our long time partnership with Gemalto is integral to providing groundbreaking technology and services that build loyalty and attract new subscribers,” said Roger Solé, Chief Marking Officer, TIM Brazil. “Gemalto’s experience in mobile financial services in Latin America is instrumental in driving this pilot program and helping to assess challenges, develop solutions and synthesize user feedback to ensure success of an expanded countrywide rollout in the future.”

“Technology, infrastructure and consumer awareness of contactless payment are poised for tremendous growth in Brazil,” says Fernando Teles, Credit Card Director, Itaú Unibanco. “Gemalto’s proven NFC technology increases agility in payment systems helping to transform consumers’ relationship with their banks, mobile devices and operators and ultimately, energize the marketplace in Brazil.”

“The pilot in Brazil is an extension of more than 50 successful global deployments of Gemalto’s NFC technology and this is only the beginning in Latin America,” said Eric Megret-Dorne, Senior Vice President of Secure Transactions at Gemalto Latin America. “The collaboration with strong market leaders such as TIM Brasil and Banco Itaú is a major step forward in rolling out NFC services to the masses in Brazil.”

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