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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 10:22:04 AM
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Gemalto teams up with Chunghwa Telecom for its commercial launch of NFC services in Taiwan
gemalto.com

Gemalto has teamed up with Chunghwa Telecom, the largest operator in Taiwan with 10 million subscribers, to secure their mobile NFC services?. This commercial launch, supported by MasterCard and four leading Taiwanese banks, uses Gemalto's UpTeq Multi-tenant NFC SIM and embedded software to host mobile payment and Mifare transit purse on a single card. This enables Chunghwa Telecom's subscribers to pay for a variety of goods and services, including rides on Taipei's crowded metro trains and buses, with a simple tap of their NFC phones on a contactless reader. Gemalto's NFC SIM solution provides banking-grade security for mobile contactless transactions.
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