Bell ID, a Rotterdam, the Netherlands-based smart token management solution provider, has joined the EMV (Europay, MasterCard and Visa) Migration Forum, an independent, cross-industry organisation started by the Smart Card Alliance, to help drive forward and support the implementation of EMV payments technology in the US.
Bell said that with experience gained in the smart card, payments and mobile sectors worldwide, it will contribute its knowledge of provisioning and managing the delivery of secure services to end-users via chip-based technologies on plastic cards and in mobile near field communication (NFC)-enabled devices.
The forum’s objective is to stimulate the use of secure chip-based technology in North America. The launch of its latest forum provides a central hub for the US payments community to discuss and agree how EMV technology should be implemented across the country. The forum brings together payment systems, banks and financial institutions, product manufacturers and key actors in the NFC ecosystem, to ensure interoperability, security and consumer usability of secure-chip technology.
“Four of the major payment systems have communicated their EMV roadmaps for the US,” said Pat Curran, executive chairman at Bell ID. “Each highlights the value secure chips bring beyond plastic payment cards to a world of NFC-based mobile payments.
“The US has a unique opportunity to create an innovative secure EMV infrastructure that not only supports payment-related mobile contactless transactions, but also payment enabling services, such as redemption of coupons. The ability to deliver such value added services will offer real customer convenience and drive the next generation of payment technology.”
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