
Morpho has announced that it has been selected by Spanish bank, CaixaBank, to deliver Trusted Service Management (TSM) for mobile payments via NFC.
Morpho will enable the customers of CaixaBank to pay via their NFC phones. Morpho will deliver TSM services which provision the VISA payment application and the bank card data into the customer SIM card with the highest level of security.
Paolo Villasco, Vice President and General Manager Banking Business Unit at Morpho Business Solutions Division said: “The NFC market is entering into a new phase. 2014 will be the starting point for commercial rollouts in Europe and certainly the basis for successful development of the global mobile payment market. As a key industrial player in this area, Morpho is very proud to deliver innovative technologies enabling CaixaBank to launch the biggest NFC commercial service in Europe.”
Josep Artigas, CEO of Info-Direct, said: “With this deployment for CaixaBank, Info-Direct is setting an important milestone. By having Morpho, a worldwide leader in mobile NFC payment transactions, at our side, we have become one of the leading players on the Spanish NFC payment market.”
Whitepapers
Related reading
Travel industry must keep up with consumers’ payments demands
Payments providers must keep up with the fast-paced change of consumer demands in the travel sector, according to Kevin White, Mastercard’s director ... read more
Nissan joins in-car payments race
Payments services providers and fintechs have unleashed a flurry of collaborative innovations over the course of the past decade in order to ... read more
Ripple courting banks, paytech and big fintech to beat Swift to emerging markets
Midway into 2019, Ripple is broadening its clientbase in order to boost growth and capture emerging market volumes, according to Marcus Treacher, ... read more
UK SMEs need to embrace technology revolution
Modulr CEO Myles Stevenson and Seamus Smith, executive vice president of worldwide payments and banking for Sage, on why now is the time to embrace digitisation