Securing payment diversity
In a fast moving market where new wallets and “Pay” services are announced every day, it is essential for Financial Institutions to accelerate their go-to-market and deliver these expected digital services to their customers through future-proof enablement solutions.
Over the past few years OT has actively invested in the development of a Digital Payment Enablement platform to support all the major wallet models, whether within the bank’s app or third party wallets. The platform has been validated on the field as the only solution enabling banks to address this fragmented market.
DIGITAL PAYMENTS IN MOTION
Mobile payments and NFC are finally mainstream. Major players such as Apple, Google and Samsung are expanding their wallets and payment services worldwide while banks and other service providers are launching their own “Pay” services using the Host Card Emulation (HCE) technology.
Mobile payments are now a reality and we expect that most Financial Institutions will prepare their digital enablement roadmap over the coming year.
OT has developed a unique Digital Payment Enablement Platform capable of addressing the market complexity and building a sustainable infrastructure for banks.
Our solution covers:
OT’s Digital Payment Enablement platform is readily integrated and validated by major external wallet providers (e.g. Android Pay, Apple Pay, Samsung Pay) and supports Issuer Pay models with HCE. The platform is available on a multi-tenant cloud infrastructure and can be implemented in a very short time frame.
250 experts are involved in all the new wallet initiatives, supporting over 50 banks and domestic schemes in the most dynamic digital payments markets: US, Nordics, Australia, Poland, Spain, France and Brazil. The team is supported by two payment labs in Boston (US) and in Lozd (Poland).
OT is trusted by 1 250 Financial Institutions. Its Digital Payment Enablement solution has been approved and validated by many companies such as Android, Apple, Samsung and is compliant with major payment networks standards and certifications.
They trust us
MOBILE PAYMENTS IS A BIG PRIORITY FOR GOOGLE AND WE’RE WORKING TO SUPPORT A WIDE RANGE OF ISSUERS TO MAKE ANDROID PAY AVAILABLE TO EVERYONE, OT’S INTEGRATION TAKES US ONE STEP FURTHER IN THIS
Pali BHAT, Global Head of Payments Products, Google
SINCE THE EARLY STAGE OF THE SAMSUNG PAY SERVICE DEFINITION, OT HAS BEEN A KEY PARTNER TO US, BOTH FOR THEIR INNOVATIVE MINDSET AND TECHNOLOGICAL EXPERTISE AND FOR THEIR STRONG BANKING CUSTOMER FOOTPRINT.
DR. INJONG RHEE, Executive Vice President of Mobile Commerce, Samsung Electronics