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Rabobank, G&D and Samsung collaborate in mobile wallet

Dutch Rabobank is offering customers a mobile wallet developed by Munich-based technology group Giesecke & Devrient, hailed as ‘ground breaking’ for mobile payments and mobile value added services.

The Convego AppWorld solution for smartphones can be used in shops equipped with contactless terminals to pay for shopping and checking balances and to redeem digital vouchers via Near Field Communication (NFC). The Rabo Wallet is based on G&D’s mobile application platform Convego AppWorld and is supported by G&D’s Trusted Service Management (TSM) service for secure mobile payments. G&D’s TSM service, which is connected to Samsung’s provisioning solution, lays the foundation for the secure transmission of sensitive applications to mobile phones. It enables Rabobank to securely manage the complete life cycle of its mobile debit card after issuance.

Convego AppWorld provides superior flexibility when it comes to the introduction and provision of additional services within the Rabo Wallet, G&D said. Rabobank and its partners can now use the Convego AppWorld development kit to set up further services and offer them directly in real time to their customers via the remote G&D managed services.

A strategic partnership between Samsung and G&D makes it possible to provide service providers and partners such as Rabobank with a comprehensive package of innovative mobile solutions including the full lifecycle management for mobile payment cards. Using the G&D TSM hub connected to Samsung’s provisioning solution, service providers can send data via mobile communications to the Embedded Secure Element of a Samsung smartphone and provide it with up-to-date personalized user data.

Author: Editor

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