The smart chip management solutions provider will work with Research In Motion for NFC technology.
Smart chip management solutions provider, Bell ID, has revealed that its flagship software will be used by Research In Motion (RIM) in order to provide the security for their mobile payments using NFC technology.
This software platform gives a number of stakeholders the chance for improved information and security coordination.
This makes it possible for them to bring the necessary data and security together to make it possible to provide mobile payments services through smartphones . For example, it permits the trusted service manager (which provides a connection between a payment account and the customer’s mobile account) to offer service provider such as retailers and banks with the ability to obtain, store, and update the credential data of customers through devices that are equipped with NFC.
This partnership of mobile payments technologies shows the capability to offer “true carrier grade software”.
According to the Executive Chairman of Bell ID, Pat Curran, “With this implementation, Bell ID has proven its capability to provide true carrier grade software, which can support high volumes and high throughput for global multi-application real time token management solutions.” He added that “It confirms Bell ID’s position in the NFC market as the leading vendor-independent software provider.”
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Andrew Bocking, the senior vice president for product management at RIM explained that his company chose Bell ID because of the wide expanse of experience that it had to offer inside of numerous vertical markets. This assisted, in addition to Bell ID’s technical ability, which has been proven for effective management of complex infrastructure.
Bocking explained that with the Mobile Token Manager Software from Bell ID, they have what they required in order to put the required foundation in place for overseeing both the secure delivery and the secure management of mobile payments through NFC services by way of any enabled device. He pointed out that this includes the BlackBerry smartphones.
He also indicated that as this is a vendor neutral software, it provides the mobile payments system with the flexibility that would be required for working alongside any third party provider for the management of a worldwide NFC technology environment.