Netherlands-based Rambus Bell ID has launched Token Gateway to enable issuing banks to manage tokenization activity for the ‘OEM Pay’ mobile wallets through a single software platform. This significantly simplifies and consolidates integration with the multiple token service providers (TSPs) operated by third parties, like international and domestic payment programs.
With the Rambus Bell ID Token Gateway, banks can bypass integration challenges utilizing one platform. The solution eases connectivity to the schemes’ tokenization services so issuers can centrally support and manage the ‘OEM Pay’ wallets for all their account holders. Rambus Bell ID ensures that Token Gateway is aligned with the latest requirements from the credit and debit schemes, ensuring banks are always up-to-date. Existing token service providers can also use the platform to offer gateway services to their bank clients, enabling a bank to interface with other token service providers.
To accommodate the needs of individual banks, the software solution is modular so it can be tailored to specific needs. In addition to a lifecycle management module, which is fundamental to the platform, banks can add a card asset module that allows the personalization and branding of digital cards. Additionally, a token vault mirror can be added to maintain a log of tokenized data in-house, allowing banks to check a transaction without having to contact the relevant scheme TSP.
A complete mobile payments solution
The Rambus Bell ID Token Gateway solution is currently available and is part of the broad suite of solutions for issuing banks, processors and payment schemes to support mobile NFC payments. Fully compliant with the latest mobile payment security standards, Rambus Bell ID supports cloud-based solutions using host card emulation (HCE), EMVCo tokenization, and trusted services management (TSM) for SIM-based projects and for ‘OEM Pay’ solutions that use an embedded secure element.