The unit, which represents a part of the EUR 3.5 million to be invested in Brazil, is set to provide the infrastructure for businesses that need electronic mobile payment solutions via NFC, including banks, telecom operators and public transportation.
Morpho’s Taubaté data center is set to enable customers to streamline projects and releases with TSM technology and accelerate their implementation and operation. This is set to transform the user’s mobile phone into an electronic wallet with a number of payment and access features. In case of loss or theft of a mobile device, the user needs to call one phone number for all data to be transferred to another chip, thus preventing the misuse of the stored information.
In recent news, Morpho has taken part in the Portuguese MobiPag project.
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