Global Mobile Technology leaders Vodafone and Gemalto (the world’s largest SIM card manufacturers) have joined forces to provide secure Free SIM card based NFC payments to customers around the world, in a multiple year contract between the two giants. This union will see the provision of an infrastructure that will deliver secure and trusted mobile transactions including payment by mobile contact and even ticketing. The security is provided by the SIM card, which is controlled by Vodafone, which means that the manufacturers or software providers will never have access to customers’ sensitive information.
Only Gemalto will have access to the software, which will be implanted in the Vodafone SIM card, this combination creates and manages a secure environment in which customers can take advantage of Near Field Communication (NFC) technology to make payments and other transactions on their mobile.