Gemalto is world’s first vendor to receive complete MasterCard approval for Cloud Based Payments
Extensive functional evaluation and security testing of Gemalto’s payment system components validated security and performance of the functions defined by MasterCard
Gemalto, the world leader in digital security, is the first mobile payment vendor to receive full MasterCard approval for a complete Cloud-Based Payment (CBP) solution. This recent MasterCard certification encompasses Gemalto’s CBP server platforms as well as the payment software running on cardholders’ mobile phones. The solution is available as part of the company’s secure and proven Allynis Trusted Services Hub (TSH), a full turnkey business service for financial institutions.
The MasterCard certification is granted following extensive functional evaluation and security testing. The certified Gemalto components perform the functions defined by MasterCard as Account Enablement System (AES), Credentials Management System (CMS), Transaction Management System (TMS) and Mobile Payment Application (MPA). This completes the certification obtained in December 2015 for the SafeNet Luna EFT (Electronic Funds Transfer) Payment HSM (Hardware Security Module) protecting the processing of payment transactions and digitization of credit card credentials.
Gemalto’s suite of products allows banks to seamlessly issue digital versions of their payment cards to their HCE-based payment apps as well as partner wallets from device manufacturers, mobile operating system providers, and mobile network operators. Issuers and processors can opt for a fully outsourced cloud service operated from Gemalto’s data centers or an on-premise instance of the platforms.
“The consumer lifestyle is increasingly defined by the ubiquitous smart phones and tablets and there’s an ever-growing appetite for secure mobile payment,” said Jean-Claude Deturche, Senior Vice President of Mobile Financial Services for Gemalto. “Gemalto’s MasterCard-approved suite of Cloud-based payment solutions opens another flexible and highly efficient route into this fast-growing market, securely located under the broad umbrella of our proven Trusted Services Hub, the Allynis TSH.”