Samsung Electronics has buddied with France-based Oberthur Technologies to deploy Samsung Pay in Europe later this year. The Samsung Pay service will allow Samsung Galaxy S6 and S6 Edge owners to use their smartphone for contactless payments.
The S6 and S6 Edge are all equipped with OT’s state-of-the-art NFC embedded Secure Element (eSE), PEARL by OT®. Uniquely positioned to support Samsung, OT provides the end-to-end service from the eSE to the digital payment enablement platform for the roll-out of Samsung Pay in Europe.
Contracting with Samsung and OT, banks will be able to offer their NFC payment card in the Samsung Pay application in a very secure and seamless way. Samsung and OT will manage all the enrolment, provisioning and lifecycle processes for the banks, enabling issuers to deploy their NFC payment service without major infrastructure investment and with a very fast time-to-market.
The end-users on-boarding will also be greatly simplified thanks to the very intuitive enrolment method offered by Samsung Pay. All the user will need to do is to take a picture of his current payment card (or enter its data) and accept the terms and conditions of the service. Once the user has been properly authenticated by his/her bank, OT will provision the NFC payment card over-the-air in the eSE and it will automatically be available from the Samsung Pay application.
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