Mobile payments specialist, Bell ID, today announces that its host card emulation (HCE) mobile solution has been certified by three of the largest global payments schemes. Bell ID is the first vendor to receive approval from three schemes for its HCE platform, offering its customers the broadest range of options available on the market today.
The HCE specialist’s software manages the lifecycle of virtual cards, keys, certificates and NFC payment credentials in a secure, remote environment rather than in the mobile device, providing banks with the independence and control to manage customer payment assets.
“Bell ID was among the first to market with an HCE solution with Secure Element in the Cloud back in 2013, so we’re delighted to report a repeat performance in achieving compliance with the scheme’s specifications,” comments Pat Curran, Executive Chairman at Bell ID. “Despite the market’s rapid development, cloud-based mobile payments remain in their infancy so, understandably, issuers are seeking quality and interoperability reassurances both from third party vendors and the payment networks. The validation of our cloud-based payment solution in this way provides peace of mind that our application meets the major schemes’ worldwide functional and interoperability requirements.”