Taiwanese banks tie-in with global payment solutions provider
(12 August 2016 – Taiwan) Mozido, a global provider of digital commerce and payment solutions, announced that 14 banks within the Taiwan Mobile Payment Co (TWMP) consortium have adopted its HCE technology.
It is expected that the remaining 12 banks will launch later this year.
Mozido's HCE solution provides a mobile wallet capability for TWMP that supports consumers using HCE cloud-based NFC phones. TWMP is one of the first significant HCE implementations globally, and the first customer to go to market with Mozido HCE.
"We appreciate all the support provided by Mozido and expect a great success in commercial launch," said Wei-Jong Pan, President of Taiwan Mobile Payment Co.
"Mozido's demonstrated strength in mobile wallet platforms, along with its ability to combine payments technologies into existing applications, makes them the best partner for us in our endeavor to bring faster and easier mobile payments to consumers."
A coalition of 26 banks in Taiwan, TWMP was formed to build a nationwide mobile payments initiative as Taiwan plans to move its population toward a cashless society. Mozido is providing TWMP with a mobile wallet platform that provides HCE cloud-based NFC capabilities in one complete solution.
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