Gemalto prepaid EMV banking cards extend reach of Vodacom m-pesa mobile wallet in South Africa
20 January 2015 - 5:00PM
Gemalto (Euronext NL0000400653 GTO), the world leader in digital
security, announces the deployment of prepaid EMV banking cards to
complement Vodacom's m-pesa mobile wallet service in South Africa.
The card is certified by the major international payment schemes
and accepted at any of the 240,000 EMV-compliant payment terminals
and over 27,000 ATMs throughout the country, which will
significantly extend the reach of the leading South African
operator's services.
Gemalto's off-the-shelf solution for Vodacom encompasses design
and production of the card, as well as automatic packaging and
point-of-sales delivery. The card links seamlessly to m-pesa
accounts, and gives users the freedom to make payments for goods
and services without the need to carry cash.
Because an efficient distribution network is a prerequisite for
success in the prepaid market, the m-pesa card is available direct
from 8,000 Vodacom agents and enrollment with the company's secure
system is a quick and easy process. Users can check current
balances via the mobile wallet app and receive SMS alerts when
funds are running low. Furthermore, because it is a PIN-protected
virtual account, the user's credit remains safe even if the card is
lost or stolen.
"Gemalto offered us the convenience of a fully packaged
solution," said Herman Singh, Managing Executive of m-commerce at
Vodacom. "By expanding our m-pesa mobile wallet offering with the
banking card, we've been able to add an entirely new level of
functionality which we think is critical to the success of m-pesa
in South Africa."
"With this new project, Vodacom becomes the first mobile
operator to initiate the large-scale rollout of an EMV banking card
that is accepted anywhere," said Thierry Mesnard, Senior Vice
President for Africa at Gemalto. "This innovative deployment
highlights just how quickly the worlds of banking, retail and
mobile communications are changing. Positioned at the very heart of
these converging trends and technologies, Gemalto is glad to offer
its support to this endeavor aimed at offering greater convenience,
security and social inclusion".
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the world leader in
digital security with 2013 annual revenues of €2.4 billion and more
than 12,000 employees operating out of 85 offices and 25 research
and software development centers, located in 44 countries.
We are at the heart of the rapidly evolving digital society.
Billions of people worldwide increasingly want the freedom to
communicate, travel, shop, bank, entertain and work – anytime,
everywhere – in ways that are enjoyable and safe. Gemalto delivers
on their expanding needs for personal mobile services, payment
security, authenticated cloud access, identity and privacy
protection, eHealthcare and eGovernment efficiency, convenient
ticketing and dependable machine-to-machine (M2M) applications. We
develop secure embedded software and secure products which we
design and personalize. Our platforms and services manage these
products, the confidential data they contain and the trusted
end-user services made possible.
Our innovations enable our clients to offer trusted and
convenient digital services to billions of
individuals. Gemalto thrives with the growing number of people
using its solutions to interact with the digital and wireless
world.
For more information visit www.gemalto.com,
www.justaskgemalto.com, blog.gemalto.com, or follow @gemalto on
Twitter.
For Gemalto media contacts pls visit
http://www.gemalto.com/companyinfo/media
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