IDEMIA signs agreement with Discover to accelerate mobile and digital payment services adoption
IDEMIA, the world leader in Augmented Identity, announced today that it has signed an agreement with Discover® Global Network, the payments brand of Discover Financial Services. This first of its kind agreement is aimed to ease and accelerate mobile and digital contactless payment adoption, and rollout by card issuers.
Under the program, IDEMIA (formerly known as OT-Morpho) is authorized by Discover Global Network to provide digital enablement services for any issuer or third party mobile wallet solution that is integrated with the Discover EMV® compliant contactless specification known as the D-Payment Application Specification (D-PAS). IDEMIA will securely tokenize and/or provision credentials into mobile devices for payment services provided by such card issuers to their customers. At the point-of-sale, users simply need to tap their smartphones, or other contactless enabled devices, at a D-PAS enabled contactless terminal.
IDEMIA’s platform is endorsed by all major mobile wallet providers and deployed at scale to manage the enrollment, provisioning and lifecycle of tens of millions of cards in dozens of countries around the world.
We are very proud to be working once again with Discover. This agreement is another major milestone in our long-term relationship. We are looking forward to leveraging our respective assets and capabilities. The goal is to extend the reach to financial institutions and other service providers such as general purpose debit or credit but also gift, incentive, payroll, campus or private label card issuers.
By furthering our relationship with IDEMIA, we are helping third-party clients build tokenization systems that best meet the needs of their customers. This may in turn allow even more cardholders to use their mobile devices with confidence for payment and other value-added services.
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