Dutch digital security firm Gemalto has deployed a secure element (SE) based applet for m-payments on wearables launched by China UnionPay (CUP).
The integration of Gemalto’s secure element will provide online and offline payment capabilities on wearables. In 2015, CUP introduced smart wearables with embedded secure elements based payment applications.
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Gemalto in a statement said that its secure element will eliminate the need for different card vendors to develop their own versions, simplifying deployment of payment applications.
Gemalto president for Greater China and Korea Suzanne Tong-Li said: "Intelligent NFC-based wearable devices are set to disrupt our lives much beyond contactless payments – from user access and authentication to smart homes and cities, the possibilities are simply endless.
"With extensive experience in NFC ecosystem and end-to-end security, we support CUP to not only simplify and speed up this launch for maximum outreach, but also provide consulting for next-generation solutions."
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