Mobile payments specialist Bell ID, recently acquired by Rambus, has partnered with First Data Poland to offer cloud-based mobile payments as a service to Polish banks.
The partnership combines Bell ID’s ability to securely transact payments in the cloud with First Data’s dynamic processing capabilities to support the next wave of mobile payment adoption.
Bell ID and First Data have received their first contract from Eurobank Poland, which is now working with them to launch a HCE-based mobile wallet for its one million customers.
The bank has integrated Bell ID’s Secure Element (SE) in the Cloud software and First Data Poland’s data preparation, personalization and processing services into its mobile wallet application.
Eurobank vice president Wojciech Huminski said: "Eurobank has always offered its customers innovative products, so mobile payments are a big priority. First Data and Bell ID have given us a leading cloud-based solution that helped us to create our own mobile app, ensuring convenience and security for our customers, while providing flexibility for future needs."
Bell ID CEO David Orme said: "Our alliance with First Data makes life easy for banks. The two platforms are fully integrated, enabling issuers to launch cloud-based mobile payments quickly and cost effectively. Mobile payments are at the heart of many banks’ strategies and it’s great to see the full-scale roll out of Eurobank’s mobile wallet, especially as contactless is booming in Poland."