Tag: secure element manager

Secure Element Manager wins Visa approval

secure element manager visa approvalSecure Element Manager has been approved by Visa for the BlackBerry 10

Leading technology company, and creator of the BlackBerry platform, Research In Motion has received approval from Visa for its NFC-based mobile commerce platform, known as Secure Element Manager. The platform is designed to be used with the company’s next generation BlackBerry 10 device. Thus, owners of the BlackBerry 10 will be able to make mobile payments for products thanks to the device’s support of NFC technology and the approval for the system granted by Visa.

Platform may help with security concerns

Visa has shown a great deal of interest in mobile commerce in recent months. The company has become one of the major players in this emerging industry through its various partnerships and the services it provides mobile consumers. The Secure Element Manager helps address one of Visa’s most significant concerns when it comes to mobile commerce: Security. As such, the platform has won the support of Visa, which will allow its customers with BlackBerry 10 devices to use their accounts to make mobile payments.

Security continues to be a problem for mobile commerce

Security has long been an issue that has made mobile commerce somewhat unpopular. NFC technology itself does not boast of any latent security features. As such, many believe that the technology can be easily exploited. If NFC technology is exploited, a consumer’s financial information may be at risk of theft, creating a serious problem for those involved in mobile commerce. Until recently, there have been few efforts to bolster the security of mobile commerce.

Secure Element Manage meets Visa expectations

The Secure Element Manager not only helps keep the financial information of consumers safe, it also acts as a management platform for various mobile commerce systems. The platform meets the strict requirements that Visa has adopted concerning mobile commerce systems, making it one of the few systems that Visa is willing to support. Moreover, it is the only mobile commerce platform for the BlackBerry that has the full support of Research In Motion.

EnStream teams with RIM to make mobile commerce more secure

 EnStream works to make mobile commerce in Canada secure

EnStream, a mobile solutions provider based in Canada, has reached a deal with Research In Motion (RIM), creators of the BlackBerry platform, concerning a new system that could make mobile commerce in Canada more secure. In 2009, EnStream, which is comprised of Canada’s three largest telecommunications companies, introduced the Zoompass mobile payment platform. The platform enables consumers to use their smart phones to pay for goods and services. As mobile commerce becomes more popular, security concerns are threatening to derail mobile payments in Canada, thus RIM has been tapped for its acclaimed security technologies.

RIM technology will help EnStream create new services

Through this new deal, EnStream will be able to make use of RIM’s Secure Element Manager, a system that will allow the company to manage the credentials of NFC-enabled smart phones in Canada. This move comes after EnStream finalized the sale of Zoompass to Paymobile, thus opening up the companies resources for the development of a new mobile commerce platform that may be better suited for the latest generation of NFC-enabled mobile technology. BackedMobile Commerce by RIM’s technology, the company may be able to help bring more security to mobile commerce in Canada.

Security continues to be serious concern for consumers

Security is one of the most significant problems facing mobile commerce today. Consumers have shown interest in the concept of their mobile devices doubling as payment platforms, but have also expressed extreme concern regarding the safety of their financial information. Security faults with NFC technology and the fact that many mobile commerce platforms can be easily exploited by hackers has caused some turmoil in the burgeoning industry. EnStream believes that bringing more security to the industry may also provide it will more stability.

EnStream to bring mobile payment services to MTS customers

EnStream has also signed an agreement with Manitoba Telecom Services (MTS) to bring its mobile payment technology to MTS customers by 2013. Once these services have successfully been incorporated into the MTS network, customers will be able to make purchases for goods and services using EnStream’s technology, as long as they have NFC-enabled mobile devices.