18 December 2017
visit http://response.ncr.com

Morpho ships NFC SIMs to KT Korea

06 November 2012  |  1330 views  |  0 Source: Morpho

Morpho (Safran group) today announced that it has shipped the first half million units of its "NFC/LTE" SIM card to KT Korea, the second largest mobile network operator in South Korea, as part of a multimillion framework agreement signed earlier this year.

South Korea is one of the few countries in the world where NFC is already being deployed commercially in significant quantities. With Morpho's technology, KT can now enable even more customers to experience the benefits of contactless transactions. People in South Korea will be able to use their mobile phones to pay transit fares or to make retail payments at 200,000 contactless terminals.

"Our customers embrace the usage of NFC technology and appreciate the benefits it brings for their daily life. We are committed to driving this technology trend further ahead, and with Morpho we have a reliable technology partner at our side," said Andy Choun, Manager USIM TF Team, Mobile Device Planning Department at KT Korea.

"With this involvement in the mass-market rollout of NFC in South Korea, Morpho underlines its role as a major partner for contactless technology," noted Paul Naldrett, Senior Vice President Telecoms, e-Documents Division at Morpho. "Based on our extensive experience in digital security and global Trusted Services Solutions, we are able to support the use of Near Field Communication by making it safe and convenient with the SIM as the secure element." 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.response.ncr.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11165 views comments | 3 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
9849 views comments | 20 tweets | 21 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7709 views comments | 19 tweets | 22 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7313 views comments | 6 tweets | 26 linkedin
Digital banking startup Loot secures £2.2 million seed roundDigital banking startup Loot secures £...
7268 views comments | 5 tweets | 11 linkedin

Featured job

Competitive package
New York City, NY - USA

Find your next job