Press release from Business Wire
MasterCard, C-SAM, DNP to Introduce White-label NFC Mobile Wallet Services in Japan
<p class='bwalignc'> <i>Enabling of Secure, Convenient and More Rewarding Smartphone Payment Experiences</i> </p> <p class='bwalignc'> </p>
Wednesday, August 28, 2013
MasterCard, C-SAM, DNP to Introduce White-label NFC Mobile Wallet Services in Japan11:00 EDT Wednesday, August 28, 2013
CHICAGO (Business Wire) -- MasterCard, C-SAM and DNP announced today the coming launch of a white-label near-field communication (NFC) mobile wallet service in Japan that enterprises will use to offer their customers more rewarding experiences to retailers and merchants.
The NFC white label services integrate C-SAM's end-to-end Mobile Transaction Platform (MTP), MasterCard PayPass™ contactless payment solution, and DNP's flexible and scalable mobile wallet, enabling merchants and retailers to enhance and simplify the shopping experience by offering their customers convenient, contactless, transactional and value-added services via their smartphone.
In addition to enjoying the convenience and security of contactless payment, consumers using this NFC wallet solution can add multiple services, including loyalty cards and mobile coupons, while merchants and retailers can offer special discount programs and deals tailored specifically to meet each customer's personal preferences, based on their purchasing history.
A joint mobile wallet service integrating C-SAM's MTP and MasterCard contactless technology was launched in Singapore in August of 2012. This platform also includes StarHub, DBS Bank, and EZ-Link.
For the Japanese deployment, DNP will provide technical support including operational support of the IT infrastructure, custom mobile wallet development services, and provisioning of the SP-TSM service for PayPass.
MasterCard, C-SAM and DNP are aiming to increase the popularity of mobile wallets, extending the convenience, security and value-added applications available through their white label services to merchants, retailers and consumers throughout Japan.
C-SAM, Inc. is a pioneer in secure mobile transactions technology. The company provides turnkey services to carriers, banks, merchants, settlement networks, healthcare providers, and large infrastructure providers. C-SAM has launched commercial services in the US, Japan, China, India, Singapore, and Mexico. For more information, visit www.c-sam.com or follow us on Twitter at @c_sam_inc.
DNP helps companies to develop original mobile-wallet service businesses based on C-SAM's Mobile Transaction Platform (MTP), a proven enterprise-grade software platform for mobile-wallet ecosystems that enable consumers to transact in stores and online. DNP, Japan's No. 1 IC card vendor, delivers mobile know-how and services under a hybrid strategy that combines the benefits of IC cards and smartphones.
MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.
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