France’s interbank network, Le Groupement d’intérêt Economique des Cartes Bancaires (CB), has chosen digital security company, Gemalto, to supply Pure – it’s payment solution for mobiles.
Pure is a while label solution that adheres to international standards and is used by 27 national payment schemes around the world. CB members will be able to make contactless mobile payments and in-app payments. The solution works with services provided by STET, the pan-European payment processing service provider, as well as within the network of merchants already supporting CB contactless payments.
“Using Gemalto’s PURE mobile application will enable the swift integration of the CB brand in CB banks’ mobile wallets,” commented Gilbert Arira, CEO CB.
“CB is the pioneer of all national payment schemes worldwide, bringing both efficiency and security to its member banks, and also comfort and simplicity to French consumers for everyday purchases for more than 30 years. Gemalto is very proud to help expand CB’s success story into mobile payment,” added Philippe Cambriel, President Europe, Mediterranean and CIS, Gemalto.
France in recent times has seen a surge of interest in digital payments. Earlier in the year, Aldi France teamed up with Verifone in a partnership that sees the latter provide Group Aldi’s 900 French stores with 3,200 payment devices designed to accept all cashless payments including contactless and mobile wallets.
A study conducted by Worldpay in the summer found that French people expected the number of payments made via mobile wallets to double by 2021 and actually overtake smartphone payment services such as Apple Pay and Samsung Pay.
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