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Technology Stocks : Gemalto N.V.
GTOMY 28.11+3.7%Oct 15 5:00 PM EST

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From: JakeStraw12/2/2014 10:18:09 AM
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New Zealand alliance of banks and operators selects Gemalto TSM Hub to secure their NFC services
gemalto.com

New Zealanders have made over 20 million contactless transactions worth an estimated NZD 735 million in 2014, and, an estimated one million NFC-enabled smartphones will be used in New Zealand by year's end. This solution, launched as a common national platform, will enable anyone to access the NFC services from any network in New Zealand, empowering 100% of the subscribers to enjoy quick, secure, and convenient NFC services.

Users will be able to use their phones to pay for goods and services at more than 16,000 contactless NFC terminals in retail outlets such as departmental stores, restaurants, and movie theatres. In the future, they will also be able to enjoy other services such as transport, loyalty points, gift vouchers, coupons, and access, with a tap of their phone. The TSH service will be hosted and operated in Gemalto's certified data center certified by the major international payments schemes, providing state-of-the-art standards of security.
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