Mobile Payments (NFC)
For banks and other financial card issuers that are considering issuing their payment products onto mobile (NFC) phones, Bell ID® EMV Token Manager offers a robust and proven software management platform to issue and manage both EMV chip cards and NFC enhanced mobile phones side by side.
Bell ID has a proven, scalable, robust and secure card and application management system in operation with many banks globally. We understand payment applications, their security and how to manage them and their associated keys. When moving into the mobile domain, Bell ID believes that banks should retain ownership and management control of this important data and not delegate the risk associated with this function to a personaliser, mobile network operator or other third party.
Any issuer currently reviewing their payment systems strategy for the coming years should ensure that their selected solution accommodates their future requirements for chip technology in all its forms – contact, contactless and mobile.
Scalability
Many relatively small pilots have proven a high degree of customer enthusiasm for mobile contactless payments and have proven the technology at the handset and payment terminal. However, rolling out such functionality to millions of users while still maintaining security appropriate to a payment device requires the management of a significant amount of data critical to the payment application issuer. Managing this critical data on a system that accommodates the complexity of this new situation, built on a secure, robust and scalable platform already proven to manage millions of payment applications should be a priority for any issuer and this is where Bell ID can assist.
