Chase announced that it has selected Gemalto’s mobile payments platform to provide its Trusted Service Management solution for its enterprise-wide mobile payments platform.
Gemalto’s Trusted Service Management solution will provision and manage the credit and debit card data of Chase customers, validating authenticity and supporting information delivery over the air.
The Isis mobile wallet, developed through a joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, will be the first to benefit from this partnership.
As part of the agreement, Gemalto will perform issuance, personalization and lifecycle management. With the Trusted Service Management infrastructure integrated into Chase’s mobile payments platform, Chase will be able to load a digital version of a customer’s payment card into the customer’s mobile wallet in real-time. The customer will then be able to make transactions at Near Field Communication-enabled physical Points of Sale by tapping their mobile phone against the POS terminal.