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Chinese Consumers Will Pay with Their Mobile Leveraging Oberthur Technologies solutions

Chinese Consumers Will Pay with Their Mobile Leveraging Oberthur Technologies solutions

COLOMBES, France--(BUSINESS WIRE)--Oct 24, 2013--Oberthur Technologies, one of the world's largest providers of security and identification solutions and services based on smart card technologies, today announced its selection by the Chinese smartphone manufacturer Xiaomi. Oberthur Technologies provides PEARL, its state-of-the-art NFC embedded Secure Element (eSE) to support contactless mobile payment in the newly released Xiaomi Mi3 flagship phone.

OT's PEARL embedded secure element is chosen by Xiaomi for its newly released Mi3 smartphone (Photo: Business Wire)

Oberthur Technologies' PEARL is the most advanced multi-application embedded Secure Element and offers the largest memory on the market. It is the first-of-its-kind to be certified by Visa, MasterCard and Google and under certification by China Union Pay. PEARL allows easy deployment of secure contactless payment, as well as strong authentication, transit, access and loyalty applications.

"We are delighted to have been chosen by a company such as Xiaomi to equip its newly released Mi3 smartphone. As a recognised leader in trusted payment, Oberthur Technologies was able to provide the best-in-class embedded secure element to Xiaomi in order to give to end-users a new convenient and secure means of payment by using their smartphone. Through this partnership with Xiaomi, Oberthur Technologies supports the new mobile payment ecosystem in China" said Cedric Collomb, Managing Director of the Telecom Business Unit at Oberthur Technologies.

About Oberthur Technologies Oberthur Technologies is a world leader in the field of secure technologies: systems development, solutions and services for smart cards (payment cards, SIM cards, access cards, NFC?K) and for secure identity documents, traditional and electronic (identity card, passport, health care card). Created in 1984, Oberthur Technologies employs over 6 000 employees. With 50 sales offices across 5 continents, Oberthur Technologies' international network serves clients in 140 countries. For more information: www.oberthur.com

Photos/Multimedia Gallery Available:http://www.businesswire.com/multimedia/home/20131024005574/en/

CONTACT: Media Contacts:

Oberthur Technologies

Audrey Besnardeau, Tel: +33 1 78 14 76 75

a.besnardeau@oberthur.com

or

FTI Consulting Strategic Communications

Yannick Duverge, Tel: +33 1 47 03 68 65 / +33 6 74 91 48 05

yannick.duverge@fticonsulting.com

KEYWORD: EUROPE ASIA PACIFIC CHINA FRANCE

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE NANOTECHNOLOGY OTHER TECHNOLOGY SECURITY SEMICONDUCTOR MOBILE/WIRELESS

SOURCE: Oberthur Technologies

Copyright Business Wire 2013

PUB: 10/24/2013 04:38 AM/DISC: 10/24/2013 04:38 AM

http://www.businesswire.com/news/home/20131024005574/en


Updated : 2021-05-09 01:51 GMT+08:00