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Societe Generale launches contactless payment service with Oberthur Technologies

Tuesday 16 July 2013 00:19 CET | News

Oberthur Technologies, a France-based provider of security and identification solutions and services, and European financial services group Societe Generale have launched the bank’s first NFC Visa payment service in Strasbourg relying on Oberthur Technologies’ Trusted Service Manager (TSM) platform.

The bank’s customers will be able to subscribe to this NFC payment service that will enable them to pay with their phone at all the point-of-sales equipped with contactless terminals throughout the country. To complement this, the bank already provides dual payment cards, facilitating contactless payment, for those who do not have an NFC-enabled handset or who simply want to have both means of payment.

Oberthur Technologies was founded in 1984 as a technology provider. The company delivers systems development, smart cards services including payment cards, SIM cards, access cards, NFC and secure identity documents. The company also offers solutions such as the Smart PIN, where the customer receives his banking card PIN via SMS.

In recent news, Oberthur Technologies has closed a partnership with US electronic identity services provider HID Global that provides Oberthur Technologies the ability to support the use of Seos digital keys on NFC-enabled smartphones.


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Keywords: Societe Generale, Oberthur Technologies, France, NFC, m-payments
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce