First Data, SK C&C to bring NFC services to US banks in 2011
21 September, 2010
category: NFC
Global payments processor First Data is partnering with Korea’s SK C&C, makers of SK Telecom’s contactless mobile payment service, to offer a complete set of new turnkey mobile payment services to US banks, according to nearfieldcommunicationsworld.com.
Starting Q1, 2011, First Data’s American financial institutions and merchant customers will be able to use to a host of new mobile payment services, including a Trusted Service Manager platform and mobile wallet software supporting debit, credit, prepaid and gift cards, reports NFC World.
After the initial US launch, First Data hopes to take the new service global to its millions of customers across 36 different countries.
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