Digital technology is transforming the payments industry. Consumers are looking for secure,
fast, convenient ways to make purchases for products and services - from any location, any
Long after the invent of NFC (Near Field Communications) in 2002 which was a key step to enable mobile phones for payments, with the anouncement of ApplePay, AndroidPay and SamsungPay in 2013 and 2014, mobile payments are finally starting to reach out to mass market. Global smartphone penetration is expected to exceed 50 percent by 2017. Today, majority of smartphones come with NFC technology and the required security infrastructure for digital payment transactions. Global payment schemes have defined security and interoperability standards for digital payment transactions worldwide.
Cardtek Digital Payment solutions enable banks, processors, telecom operators and retailers
for smooth implementation of digital payments in accordance with international payment
The Solution offers an integrated platform that manages the complete life cycle of digitized cards. Starting from the enrollment process, it manages the operations of provisioning and secure management of credentials. The platform allows issuers and service providers to offer their services in their own wallets or third party wallets.
The Solution supports in-app payments to enable payment transactions for e-commerce and m-commerce retailers as well as in the physical merchants like gas stations and transportation operators.