ZTE has selected Oberthur Technologies’ (OT’s) embedded secure element Pearl to offer China UnionPay’s (CUP) mobile payment service through its newly launched smartphone, nubia Z7.
Oberthur Technologies said that the users are not required to change or install any hardware; they can directly download their CUP banking card Over-The-Air onto OT’s embedded secure element resident in the nubia Z7.
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By simply waving their smartphone, the users can pay at any of the three million contactless payment terminals in China.
China UnionPay operates as an organization regrouping 175 banks and financial institutions across China while nubia is a major manufacturer of smartphones with 60 Mu planned to be produced in 2014.
Oberthur Technologies telecom business unit managing director Cédric Collomb said: "We are pleased to offer to OEM the largest multi-scheme certified eSE on the market including Over-The-Air banking activation capabilities. PEARL turns the state-of-the-art nubia’s Z7 handset into the payment device of the future."
OT operates in the payment, telecommunications and identity markets, and offers end-to-end solutions in the smart transactions, mobile financial services, machine-to-machine, digital identity and transport & access control fields.
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