Gemalto, the world’s largest SIM (Subscriber Identity Module) card maker, is taking steps to expand the mobile contactless payment space – and get its technology an even broader footprint. The company announced a strategic licensing agreement with NXP Semiconductors N.V., (NXPI) as well as a mobile payments trial in Singapore.
Under the pact with NXP, Gemalto will integrate NXP’s MIFARE technology into its Universal Integrated Circuit Card> (UICC), which will expand the mobile contactless payment market because MIFARE is arguably the world’s most-deployed technology used for mobile contactless services and Gemalto’s SIMs are in a lot of devices.
“MIFARE is already at the heart of contactless infrastructures around the world,” said Henri Ardevol, VP and GM, secure transactions, NXP Semiconductors. “We are proud to collaborate with Gemalto to offer the convenience of this technology to a new target of 5 billion mobile phone users.”
“Adding the MIFARE capability to Gemalto’s NFC application portfolio is key for the mass deployment of mobile contactless,” added R
Gemalto continues push in NFC space
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