Gemalto launches applet for UnionPay wearables

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Gemalto has launched a secure element based applet for smart wearables developed by China UnionPay (CUP).
CUP had launched smart wearables with embedded secure elements based payment applications last year.
The payment applet runs on the secure element, to provide online and offline payment capabilities on wearables.
This is expected to eliminate the need for different card vendors to develop their own versions, simplifying deployment of payment applications on a range of secure elements and improving time to market.
“Intelligent NFC-based wearable devices are set to disrupt our lives much beyond contactless payments – from user access and authentication to smart homes and cities, the possibilities are simply endless,” said Suzanne Tong-Li, president for Greater China and Korea at Gemalto.
“With extensive experience in NFC ecosystem and end-to-end security, we support CUP to not only simplify and speed up this launch for maximum outreach, but also provide consulting for next-generation solutions.”
Questions & Answers
Q.What is the key benefit of Gemalto's new applet for smart wearables?
What is the key benefit of Gemalto's new applet for smart wearables?
The applet is expected to eliminate the need for different card vendors to develop their own payment application versions. This simplifies deployment across various secure elements and improves the time to market for these solutions.
Q.How does Gemalto's applet specifically help China UnionPay?
How does Gemalto's applet specifically help China UnionPay?
Gemalto supports China UnionPay by simplifying and speeding up the launch of payment applications for maximum outreach. They also provide consulting for UnionPay's next-generation solutions, using their experience in NFC and security.
Q.What capabilities does the payment applet offer on wearables?
What capabilities does the payment applet offer on wearables?
The payment applet runs on the secure element to provide both online and offline payment capabilities. This allows users to make transactions with their wearables regardless of internet connectivity at the time of purchase.
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