Flexible Electronics News

Gemalto, Banco Itau and TIM Launch First Pilot Program for NFC Payments in Brazil

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

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Gemalto announced that its UpTeq NFC SIM and AllynisTrusted 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 ...

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