AMSTERDAM - Worldline [Euronext: WLN], a European payment and transactional services market leader and Gemalto [Euronext NL0000400653 GTO], the world leader in digital security, are working together to enable seamless onboarding of banks and card issuers to mobile payment wallets provided by device manufacturers.
With this agreement, the two industry leaders will be able to offer banks an end-to-end ready-to-use and customizable service. As a result, issuers will benefit from quick time-to-market, flexibility and control of their customers' data.
Worldline will provide tokenization, a key element of mobile payments which transforms a physical card into a digital token, thanks to its Token Service Provider platform, while Gemalto will ensure the highly secured credential delivery services to embed these tokens into smartphone mobile wallets using its Allynis Trusted Services Hub. Worldline will also provide additional identity verification and other issuing-related services. With this partnership, Worldline and Gemalto continue to actively contribute to a faster deployment of mobile payments with a bank-centric solution.
"Gemalto's wide smartphone reach brought by our Allynis Trusted Services Hub along with Worldline's strong presence in the processing business result in a scalable service which complies with scheme certifications," said Philippe Cambriel, President for Europe, Mediterranean and CIS at Gemalto. "It will help Worldline clients to deploy third party wallets quickly and more easily."
Wolf Kunisch, Head of the Global Business Line Financial Processing & Software Licensing and Managing Director of Germany & CEE at Worldline says: "In this time of significant payment innovation, Worldline is the banks' partner, helping them to offer new services to their customers. Our agreement with Gemalto will allow banks to get fast access, through existing connections, to many third party wallet platforms, thanks to our joint expertise and Allynis Trusted Services Hub, while keeping control and flexibility on the use of the payment data."
The two companies will be present at Money20/20 Europe in Copenhagen and welcome customers and media to discuss the partnership. Meet Worldline on booth A12 and Gemalto on booth C6 Hall C2.
Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2015 annual revenues of EUR 3.1 billion and customers in over 180 countries. We bring trust to an increasingly connected world. Our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between. Gemalto's solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software - enabling our clients to deliver secure digital services for billions of individuals and things. Our 14,000+ employees operate out of 118 offices, 45 personalization and data centers, and 27 research and software development centers located in 52 countries. For more information visit www.gemalto.com, or follow @gemalto on Twitter.
Gemalto media contacts:
+65 6317 8266
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry. Worldline delivers new-generation services, enabling its customers to offer smooth and innovative solutions to the end consumer. Key actor for B2B2C industries, with 40 years of experience, Worldline supports and contributes to the success of all businesses and administrative services in a perpetually evolving market. Worldline offers a unique and flexible business model built around a global and growing portfolio, thus enabling end-to-end support. Worldline activities are organized around three axes: Merchant Services & Terminals, Mobility & e-Transactional Services, Financial Processing Services & Software Licensing. Worldline employs more than 7,300 people worldwide and generated 1.22 billion euros revenues in 2015. Worldline is an Atos company. www.worldline.com
Worldline Press Contact:
Email: [email protected]line.com
Press release (PDF): http://hugin.info/159293/R/2000865/738174.pdf