Bell ID to Support Android Pay
February 17 2016 - 8:00PM
Business Wire
Banks, payment schemes & processors can use
Bell ID Token Service Provider to integrate with Android Pay
Bell ID, the mobile payments specialist recently acquired by
Rambus Cryptography Research, today announces it will support
international issuing banks, payment schemes and processors to
integrate with Android Pay. Bell ID customers can utilize its Token
Service Provider (TSP) software to enable and secure near field
communication (NFC) payments functionality on Android phones.
Android Pay is a mobile payment solution that offers people
simplicity and security when paying for things with their Android
devices. Bell ID’s TSP technology will secure Android Pay
transactions via tokenization*.
"Mobile payments is a big priority for Google and we're working
to support a wide range of issuers to make Android Pay available to
everyone," says Pali Bhat, Senior Director, Product Management,
Google, "Bell ID's integration takes us one step further in this
direction.”
“A lot of our customers are keen to integrate with Android Pay
and this support enables us to answer this demand,” adds Dr. Martin
Scott, senior vice president and general manager of the Rambus
Cryptography Research division. “With this relationship in place,
Bell ID is now one of the few solution providers that can help
banks to reach their full customer base, regardless of the
smartphone they own. Bell ID does this by supporting the vast
majority of OEM wallet, mobile operating system and secure element
combinations. 2016 is going to be the biggest year yet and we're
excited to be supporting the future of payments.”
Bell ID offers one software platform for issuing banks,
processors and payment schemes to support mobile NFC payments. EMV®
card credentials can be loaded and managed on a mobile device or in
the cloud, using host card emulation (HCE). The solution is backed
by a comprehensive EMVCo tokenization module that removes
vulnerable card data from the payment network.
Visit the Bell ID website to learn more about Token Service
Provider or Android Pay integration. Bell ID will also be present
at Mobile World Congress with its virtual reality demonstration of
the tokenization process associated with a mobile payment
http://www.bellid.com/company/events/.
For further media information, please
contact Rob Peryer or David Amos at iseepr:
rob@iseepr.co.uk / david@iseepr.co.uk or on
+ 44 (0) 1943 468007
Notes to editors
* Tokenization secures your payment credentials by
replacing them with a randomly generated number which resembles the
customer’s primary account number (PAN). This unique identifier,
called a ‘payment token’ or ‘tokenized PAN’, is worthless if stolen
as it essentially acts as a reference for a consumer’s original
card data which only the card networks and/or the consumer’s bank
can map back to the original account.
About Bell ID
Banks, governments and enterprises worldwide rely on Bell ID
solutions to safely issue and manage credentials on many millions
of smartcards, smartphones and connected devices. The Bell ID
software solutions integrate with any third party technology and
simplify the issuing complexities of payment, identity, loyalty and
transit applications. Whether it’s EMV payments data stored on a
chip card, in an NFC-enabled mobile device or in the cloud
leveraging HCE, Bell ID has the expertise to manage the lifecycle
of any application on any form factor. These award winning
solutions meet the demanding requirements of international
standardization bodies and payment networks.
In January 2016, Bell ID was acquired by Rambus (NASDAQ:RMBS)
Cryptography Research and has a strong presence across the globe
with operations in Europe, North America, Australia, the Middle
East and Africa. Bell ID maintains one of the largest teams
worldwide dedicated to credential lifecycle management.
For more information, please visit www.bellid.com or follow us
on LinkedIn and Twitter.
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version on businesswire.com: http://www.businesswire.com/news/home/20160217006638/en/
iseeprRob Peryer, + 44 (0) 1943 468007rob@iseepr.co.ukDavid
Amos, + 44 (0) 1943 468007david@iseepr.co.uk
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