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October 27, 2011updated 04 Apr 2017 4:15pm

Singapore: Gelmato selected for NFC contactless services

Gemalto has been selected by the Infocomm Development Authority of Singapore (IDA) to deploy mobile NFC contactless services across the country.

By Dursaff Ibrahim

Gemalto has been selected by the Infocomm Development Authority of Singapore (IDA) to deploy mobile NFC contactless services across the country.

Gemalto will be delivering mobile NFC services across the city through the development of a trusted third party (TTP) infrastructure, based on its Trusted Services Manager (TSM) solution. The mobile services will include payments, ticketing and interactive posters.

Singapore banks and payment services will be able to deliver mobile NFC services to customers of all mobile networks using the NFC infrastructure, developed around Gemalto’s.

Tan Teck Lee, president of Gelmato Asia told Electronic Payments International:

“The NFC infrastructure will not only allow consumers to make cashless payments, but they will also get to enjoy a new shopping experience with two additional modes – reader and peer-to-peer – for value added services such as couponing, loyalty programs and social media interactions.”

Ronnie Tay, CEO of IDA said: “The TTP infrastructure will enable prospective service providers to reach out to all mobile subscribers in Singapore. Such ubiquitous access will spur the growth and adoption of innovative NFC mobile services, and in turn transform Singapore’s payment landscape.”

The project is expected to take off commercially to consumers from mid 2012.

 

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