ATM network operator JETCO has selected Dutch digital security firm Gemalto to roll out secure peer-to-peer (P2P) mobile payments in Hong Kong.
Under the deal, Gemalto will provide JETCO with it Ezio Mobile Suite, including servers for mobile enrollment and provisioning, authentication and messaging.
Gemalto claims that its solution, integrated with JETCO’s mobile application, will offer strong authentication, data encryption and advanced protection against malware attacks.
The integration will enable users to seamlessly make fund transfer directly from their bank accounts to their friends via P2P payments using mobile numbers.
JETCO Hong Kong CEO Angus Choi said: "Gemalto’s Ezio solution not only reduces our time to market, but also fully complies with Hong Kong Monetary Authority’s security requirements."
Gemalto president for Greater China and Korea Suzanne Tong-Li said: "With a wide portfolio of secured mobile banking and payment solutions, we can help JETCO to grow their ecosystem even further, offering next-generation services such as card less withdrawals and payments, eCommerce and mPOS-based payments."
JETCO is a bank consortium chartered to develop innovative and secure financial technology services for over 30 member banks in Hong Kong and Macau.