Aconite’s Smart EMV Manager system has been interfaced to the Visa Mobile Gateway to allow remote management of the EMV application, thereby facilitating the launch of the Tap n Pay service in the Greek market.
Tap n Pay service is the first mobile phone application for contactless payments introduced by one of the banks in Greece, together with one of the mobile network operators in partnership with Visa Europe and First Data.
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First Data Hellas chose Aconite’s Smart EMV Manager, which includes an EMV Scripting engine, to allow remote over-the-air management of the settings within the Visa mobile payWave EMV application installed in a custom SIM.
The Aconite technology has been deployed along with the First Data host system and connected to the Visa Mobile Gateway to offer this remote management capability.
Aconite claims that its technology protects banks and service providers from the intricacy of the transition to mobile payments by making it a natural extension of their existing card issuing and management capabilities.
Aconite’s flexible and configurable scripting capability ensures that issuers and processors’ systems should be capable of quickly changing to meet new and future scripting requirements.
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By GlobalDataAconite is currently offering support for Host Card Emulation (HCE) and Tokenisation models with installation of Secure Element and Trusted Service Manager.
Aconite EVP sales and marketing Patrick Regester said, "The flexibility and ease of integration of Aconite’s solutions, coupled with our expertise in the fields of EMV payments and mobile technology, make us natural partners for card issuers and service providers moving into the mobile arena."
"As the digital payments market starts to demand HCE and tokenisation in addition to Secure Element solutions, Aconite will continue to be at the forefront of enabling and supporting these ground-breaking technologies."
