From the Wires
Inside Secure NFC Payment Applet Certified by MasterCard
By: Business Wire
Nov. 13, 2012 01:15 AM
INSIDE Secure, a leader in semiconductor solutions for secure transactions and digital identity, today announced that its Mobile MasterCard® PayPass™ M/Chip 4 payment applet has attained MasterCard CAST and Functional certification on the INSIDE SecuRead® NFC module. The INSIDE payment applet can be used by banks, wallet providers, transit operators, mobile network operators, handset and tablet makers and others in SIM, microSD and other form factors to enable MasterCard payments in any NFC mobile device.
“Certified for use on INSIDE’s new VaultSEcure secure element announced last month, or in the SecuRead module, our Mobile MasterCard PayPass M/Chip 4 payment applet also offers customers considerable benefits when used with other secure elements or UICCs running a GlobalPlatform-compliant Java Card™ operating system, including the one in our own VaultSEcure. It enables a faster, less costly certification process than when developing an applet from scratch,” said Pierre Garnier, Executive Vice President NFC and Secure Payment Divisions at INSIDE Secure. “As important, the INSIDE Secure certified applet offers customers confidence that they can safely go for MasterCard certification on other SEs because the applet has been developed in accordance with the MasterCard specification, supporting both Mag Stripe and M/Chip profiles for global compatibility.”
The INSIDE Mobile MasterCard PayPass M/Chip 4 payment applet is the first in a planned family of certified branded applets, and is part of the company’s ongoing development effort to offer a comprehensive suite of pre-tested or certified branded payment, access control and banking applets. In addition to the Mobile MasterCard PayPass M/Chip 4 payment applet, INSIDE plans to support the Visa Mobile Payment Applet, First Data CertiFlash Mobile and the SecureKey Authentication Applet. INSIDE also offers an advanced toolbox of NFC enablement applets for EMV white label, NFC-ID, couponing, gift and loyalty cards, closed-loop payment, CIPURSE™ and other transit fare collection, cryptography and more.
About INSIDE Secure
INSIDE Secure (NYSE Euronext Paris FR0010291245 – INSD.PA) is a leading designer, developer and supplier of semiconductors, embedded software and platforms for secure transactions and digital security. INSIDE mobile NFC, secure payment and digital security products provide security for a wide range of information processing, storage and transmission applications. The company’s customers are found in a wide range of markets, including mobile payment, identification documents, access control, transit, electronic device manufacturing, pay television and mobile service operators. For more information, visit www.insidesecure.com.
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