Vivo has announced they have selected Gemalto to provide the TSM (Trusted Service Manager) platform. With the Gemalto platform, the operator can offer mobile payment products and services using NFC technology, which makes it possible to carry out financial transactions by tapping a mobile phone near a specific terminal.
The initiative reinforces the positioning of the company, a ‘Telco Digital’, and represents a further step towards electronic payments – adding mobility, security and convenience for its users.
With the solution in place and together with Gemalto’s UpTeq multi-tenant NFC SIM cards, Vivo will be able to expand its product portfolio for mobile payments, offering services to mobile customers including contactless payments, transit ticketing and financial transactions.
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