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Nets picks Oberthur for Nordic NFC services

Nordic payments and card services provider Nets has selected Oberthur Technologies’ TSM platform to enable its banking partners to offer NFC services across the region, starting in Denmark in early 2014.

Nets

The TSM platform will be provided as a white label solution, allowing each bank to securely issue, distribute and administer payment cards stored on NFC SIMs.

“Before the end of the year, Nets will be ready to embark on the first projects with banks and retail chains for the development of mobile wallets,” says Susanne Brønnum, group executive VP at Nets. “This is contingent on Nets becoming established as a link and unifying factor, bringing together banks, telecom operators and merchants.”

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