The wallet will enable issuers' customers to make contactless payments by tapping their handset against compatible Visa and MasterCard terminals and keying their PIN directly on the phone.

In addition, Atos says that banks will also be able to use the wallet's app and cloud-based architecture for added-value services such as authentication, coupons, loyalty, and person-to-person payments.

The vendor also boasts that its system offers issuers with straightforward integration with platforms to provide easy enrolment, payment history, online card and account details.

Christophe Duquenne, CEO, Atos Worldline, says: "The Atos Mobile Wallet is an example of a product leveraging our unique combined expertise in both Payment and Mobile Services. It shows our commitment as business technologists to enable the Mobile Payment revolution, by using the latest technology to the benefit of our customers and the end-users."