EIKA KREDITTBANK OF NORWAY IS LAUNCHING A MOBILE WALLET USING TECHNOLOGY FROM NETS AND OBERTHUR TECHNOLOGIES
(02 March 2015) In autumn 2014, Eika began cooperating with Nets and Oberthur Technologies (OT) to develop the bank’s future mobile payments solution. After less than a year, Eika is now ready to launch the Eika mobile wallet, which will initially be available for use by 100,000 potential customers of seven local Norwegian banks in June. From the outset, the new NFC-based solution will be supported by Samsung, one of the world’s largest smartphone manufacturers.
Eika is now launching its Mobile Wallet based on a new mobile-payments technology from Nets, one of northern Europe’s leading providers of payment solutions, and OT, a world leader in digital security solutions for the mobility space.
“We are convinced that mobile phones will be a cornerstone of payment solutions going forward, and, as Nets has been a reliable business partner in the field of payment solutions for a long time, it was only natural for us to work with Nets to develop our mobile wallet,” according to Karl-Richard Floer, Director of Cards and Payment Solutions, Eika Kredittbank.
Nets’ ambition is to be a key Nordic supplier of mobile-payment solutions and Nets’ recently-developed mobile wallet will play an important role in this. Early on, Nets chose OT, the world leader in digital security solutions for the mobility space, to help develop a flexible platform based on international standards. Nets provides this service to issuers in the Nordic region seeking access to secure, efficient handling of smartphone-based payment.
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