OT and Nets Partner to Offer Mobile Payments to Scandinavian Banks

(BUSINESS WIRE)-- Nets, a leading payments service provider in Northern Europe, and OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions, are partnering to service banks with a financial platform to support future international mobile payment means in the Nordics.

Nets and OT have combined their capabilities and knowledge to offer an end-to-end mobile payment solution. Nets has developed its core payment platform to support Host Card Emulation (HCE) and tokenisation in order to facilitate secure mobile payments. OT has existing partnerships and established connections with major digital wallet providers, enabling the digitization of payment cards from enrolment of the card holder to secure provisioning services. With this partnership with OT, Nets can offer banks a fully integrated service.

Nets and OT will finalize the integration in due course and be ready to offer the first banks testing capabilities for upcoming third party digital wallet support. ...

Source : http://me-newswire.net//news/18814/en...