Bezons and Amsterdam, April 6, 2016, Worldline [Euronext: WLN], a European payment and transactional services market leader and Gemalto [Euronext NL0000400653 GTO], the world leader in digital security, are working together to enable seamless onboarding of banks and card issuers to mobile payment wallets provided by device manufacturers.
With this agreement, the two industry leaders will be able to offer banks an end-to-end ready-to-use and customizable service. As a result, issuers will benefit from quick time-to-market, flexibility and control of their customers’ data.
Worldline will provide tokenization, a key element of mobile payments which transforms a physical card into a digital token, thanks to its Token Service Provider platform, while Gemalto will ensure the highly secured credential delivery services to embed these tokens into smartphone mobile wallets using itsAllynis Trusted Services Hub. Worldline will also provide additional identity verification and other issuing-related services. With this partnership, Worldline and Gemalto continue to actively contribute to a faster deployment of mobile payments with a bank-centric solution.