Gemplus International S.A. and Valista (recently formed from
the merger of Network365 and iPIN), the leading provider of payments
infrastructure for electronic and mobile commerce, announced the
commercial launch of their Gem-eCash, an on-line prepaid solution, to coincide
with its first deployment with Paynet Group in the Czech Republic.
Gem-eCash is a new solution for micro payment purchases over the Internet.
By combining a prepaid card with online purchasing power, users can make
simple and secure purchases for digital content, such as mp3 music files,
videos, games, newspaper articles and horoscopes, etc. Online buyers simply
scratch off a panel on the phone card to discover the secret code, which
corresponds to their prepaid credit.
“Gem-eCash will help prepaid operators generate revenue by capitalizing on
their existing products and distribution network to offer value-added services
to their customers,” said Thierry Mesnard, Vice President, Prepaid Cards,
Gemplus, “Today we are delivering this solution to PayNet Group, which
supplies prepaid online content & services in the Czech Republic.”
“The Gem-eCash prepaid solution is ideal for web buyers who are reluctant
to use their credit cards for online purchasing or who wish to remain
anonymous. It also offers a means of online payment to people who may not have
a bank account or who do not wish to use it,” said Jan Ander, CEO of PayNet
“Gemplus and Valista set out to make buying digital products and services
on-line more secure and convenient,” said Raomal Perera, Chief Executive
Officer, Valista. “Our partnership with Gemplus continues to bring innovative
payment solutions to the telecoms market and we look forward to leading the
global marketplace into the next phase of payment technologies.”
Gemplus International S.A.(Euronext: LU0121706294 – GEM and Nasdaq: GEMP)
is the world’s leading player in the smart card industry in both revenue and
total shipments (source 2002: Gartner-Dataquest, Frost & Sullivan,
Datamonitor.) It has the largest R&D team, unrivalled experience, and an
outstanding track record of technological innovation.
Gemplus offers an exceptional range of portable, personalized solutions
that bring security and convenience to people’s lives. These include Mobile
Telecommunications, Public Telephony, Banking, Retail, Transport, Identity,
WLAN, Pay-TV, e-government, access control, and a wealth of other
Gemplus’ revenue in 2003 was 749 million Euros.
Established in 2003 following the merger of Network365 and iPIN, Valista
is a global company with offices in the US, Europe, Asia, Japan and Latin
America. The combined subscriber base with access to the Valista product suite
exceeds 150 million users with over 1000 merchants utilizing the company’s
merchant integration technology. As a result, Valista has emerged as the
leading provider of payments infrastructure for electronic and mobile
Key customers include:
Vodafone, NTT DoCoMo, France Telecom’s w-HA, Orange, Wanadoo, Tiscali and
T-Online (France), 3 (eight countries), General Motors and GTECH (USA), Hong
Kong CSL and O2.
Key partners include:
Accenture, Cap Gemini Ernst and Young, Ericsson, Gemplus, GTECH, HP and
IBM. Valista is also an active member of the Mobile Payment Forum, the GSM
Association, Paycircle and Liberty Alliance.
Products & Technology
Valista’s technology has been proven in real world implementations by
Leading service providers and corporations across four continents. Valista
Enables wireless and fixed line operators, ISPs, financial services
institutions and enterprises to create new relationships with customers by
facilitating the purchase and delivery of digital content, goods and services
in a secure and convenient way. Enterprises benefit from higher revenue
streams, increased loyalty and reduced costs. Valista’s products support the
entire commerce ecosystem and cover the end-to-end business processes
including multi-channel ordering, authentication, payment, settlement, service
delivery, and post-purchase care.
Valista’s product portfolio includes multi-channel top-up, micro and macro
payments, service delivery, user profile management and cash replacement. All
Valista products support multiple access channels and payment models, allowing
consumers to transact wherever they are, however they pay.
About PayNet Group
Established in 2004. PayNet Group is a first company to offer the
Gem-eCash prepaid solution for micro payment purchases over the Internet in