Proxama Plc - Proxama and Cryptomathic launch Mobile Contactless Payment Solution

PROX Thu, 20 Feb 2014, 22:00 GMT

Proxama PLC, the global platform provider of mobile proximity marketing, mobile wallet and payment solutions, has partnered with Cryptomathic, a leading security provider, to launch a mobile contactless payment solution, called EMV ?Tokenised Transaction (EMV-TT). The solution enables contactless payments to be made securely in the same way as a contactless card using any Near Field Communication (NFC) mobile device.