As per the deal, the company is integrating Allynis TSM service platform, a system that ensures mobile payment end-to-end security encryption between financial institutions and mobile operators and the company’s UpTeq NFC high-end card product.
Further, the technology company will roll out a number of new services, including contactless transactions through mobile phone with higher level of security and integrity, to meet the innovative demand of customers, in all the geographies where the telecom Group operates.
In order to strengthen the program, the technology provider will allow both Vodafone subsidiaries and third party service providers including banks, transport operators and retailers to seamlessly plug into a secure and reliable NFC ecosystem.
The global digital security company employs 10,000 people in of 74 offices and 14 Research & Development centers, located in 43 countries.