ACI Worldwide (ACIW), a leading international provider of payment solutions, has expanded its partnership with Bell ID, a leader in the field of smart card and token management solutions, to deliver issuance and management of mobile near field communication (NFC) payment tokens for devices equipped with contactless technology, using ACI Token Manager(TM) for Mobile.
The product is enhanced by ACI's expertise in providing contactless and mobile payments solutions to some of the largest retailers and financial institutions combined with Bell ID's leadership in NFC lifecycle management software. It provides over-the-air (OTA) lifecycle management of applications, cryptographic keys and secure elements on NFC enabled mobile devices. The platform can be implemented by organizations choosing to launch mobile payment systems or seeking to add Trusted Service Manager (TSM) capabilities to their offerings.
"For the consumer, mobile NFC payments are seamless and rarely noticed," said Craig Saks, vice president, Global Product Business Operations, ACI Worldwide. "The infrastructure behind the scenes however is very complex. Due to the increasing importance of mobile payments there is no room for complacency. Mobile payment projects require flexible and dependable solutions that keep them on track. By partnering with Bell ID we are providing a proven, scalable and reliable solution which will help deliver the convenience of contactless and mobile payments with confidence."
"With the accelerating adoption of mobile payments worldwide, banks need to prepare for a reality where banking cards and payment applications on mobile phones need to co-exist," said Pat Curran, Executive Chairman at Bell ID. "The joint effort of ACI and Bell ID ensures that these form factors can be managed securely side by side, leading to true customer convenience."