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OBERTHUR Demonstrates The World's
First SIM Card With EMV Payment Functionality - SIM 2001 provides the platform for this unprecedented demonstration
Paris, 02 April 2001- Oberthur Card Systems achieves another
'FIRST' in the smart card arena by demonstrating for the first time a true
multi-application card combining GSM SIM functionality with an EMV Debit/Credit application.
The demonstration sees Oberthur's SIMphonIC(tm) 3G card functioning in a
standard GSM mobile phone, granting access to the mobile network. By inserting the same SIM card into a standard EMV payment terminal, a payment
transaction is carried out using the PIN number to authorize the EMV Debit/Credit banking card. It is the first demonstration of a combined
payment and mobile telephony card.
Oberthur's breakthrough allows the mobile phone itself to act as a payment
terminal. Mobile operators can offer subscribers a payment solution for the
ever-increasing mass of data and information on demand services available
today and a payment channel for the fast-approaching multi-media services
which the next generation mobile networks herald. The majority of mobile
payment pilots to date have relied upon a dual-slot phone to accommodate the
banking card and the GSM card, this latest development allows the same
secure transaction to be carried out without having to insert any card.
By utilizing an EMV payment application, Banks and Financial Institutions
can capitalize upon their recent investments in EMV payment infrastructure.
This solution opens up a wealth of opportunities for alliances between the
world of payment and the burgeoning world of mobile telephony.
"Multi-application cards and mobile commerce are subjects which have been
talked about and promised for a long time, today for the first time they
have become 'reality'," explained Stéphane Moussé, Head of Marketing for
Mobile Communications at Oberthur Card Systems. "By demonstrating this
functionality using a GSM SIM card which hosts a virtual equivalent of the
EMV banking card in everyone's wallet, we are using the technology available
today to solve one of the problems which faces operators in optimising the
technologies of tomorrow which are now just around the corner."
Live demonstrations of this combined SIMphonIC 3G and payment card will take
place on Oberthur's stand (Salon Aranjuez, stand 12) at the SIM 2001 conference in the Melia Castilla Hotel in Madrid, 2-4 April. An mPeg
version is available to witness the demonstration for yourself, please email
Liza@companycare.com for a copy of this.
About Oberthur Card Systems:
Oberthur Card Systems offers smart card solutions based on SIM, WAP, 3G, e-wallet
technologies & Internet-based card management services.
Internet site: http://www.oberthurcs.com
For more information contact :
Stephanie de Labriolle
Oberthur Card Systems
+33 (0) 1 41 25 28 42