Worldline, a provider of payments and transactional services, has partnered with Dutch digital security firm Gemalto to work together to make mobile payment deployment fast and easy for bank and card issuers.
The deal will enable the two companies to provide banks an end-to-end ready-to-use and customizable service.
Under the deal, Worldline will provide tokenization, while Gemalto will ensure the highly secured credential delivery services to embed these tokens into smartphone mobile wallets using its Allynis Trusted Services Hub.
Also, Worldline will provide additional identity verification and other issuing-related services.
Wolf Kunisch, head of the global business line financial processing & software licensing and managing director of Germany & CEE at Worldline said: "Our agreement with Gemalto will allow banks to get fast access, through existing connections, to many third party wallet platforms, thanks to our joint expertise’s and Allynis Trusted Services Hub, while keeping control and flexibility on the use of the payment data."