Giesecke & Devrient is providing a highly secure NFC-enabled SIM card for “Tapit” digital wallet payments. The smartphone app uses NFC technology to allow users to make payments, collect loyalty points and open doors. G&D’s SIM card is the central security element in this system, safely storing sensitive information such as digital payment cards or employee ID for building access.
Since the beginning of July, Swisscom mobile network customers are able to use Tapit in all shops which already accept contactless payments. There are already more than 50,000 such shops in Switzerland, including branches of Coop and Migros – and the trend is up. In the future, Swiss mobile network customers will also be able to use the digital wallet to manage their loyalty cards.
Tapit’s payment function currently supports Visa payment cards issued by Cornèrcard, with further card issuers set to follow, for example Aduno Group/Viseca, provider of MasterCard cards.
For more data on Tapit access CardData®. For information and commentary on Tapit visit the searchable CardFlash® Library of more than 58,000 articles published since 1995. Custom RAM Research® projects on Tapit are available exclusively through CardWeb.com.®