Rambus’ Bell ID has announced that it will be supporting the integration of Android Pay for international issuing banks, payment schemes and processors.
“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,” said Pali Bhat, Senior Director, Product Management, Google. “Bell ID’s integration takes us one step further in this direction.”
According to Dr. Martin Scott, senior VP and GM of Rambus’ Cryptography Research division, Bell ID customers can utilize its Token Service Provider (TSP) software to enable and secure near field communication (NFC) payments functionality on Android phones.
“A lot of our customers are keen to integrate with Android Pay and this support enables us to answer this demand,” Scott explained. “With this relationship in place, Bell ID is now one of the few solution providers that can help banks to reach their full customer base, regardless of the smartphone they own.”
As Scott notes, Bell ID has achieved this status by supporting the vast majority of OEM wallet, mobile operating system and secure element combinations.
“2016 is going to be the biggest year yet and we’re excited to be supporting the future of payments,” he added.
Android Pay can perhaps best be described as a mobile payment solution that offers simplicity and security for those paying for items with their Android devices. Bell ID’s TSP technology will secure Android Pay transactions via tokenization – which protects payment credentials by replacing them with a randomly generated number that resembles the customer’s primary account number (PAN). This unique identifier, known as a ‘payment token’ or ‘tokenized PAN’, is worthless if stolen, as it essentially acts as a reference for a consumer’s original card data which only the card networks and/or the consumer’s bank can map back to the original account.
Bell ID offers one software platform for issuing banks, processors and payment schemes to support mobile NFC payments. EMV card credentials can be loaded and managed on a mobile device or in the cloud, using host card emulation (HCE). This solution is backed by a comprehensive EMVCo tokenization module that removes vulnerable card data from the payment network.
Interested in learning more? You can visit Bell ID’s website to read about Token Service Provider and Android Pay integration. We will also be showcasing a virtual reality demonstration of the tokenization process associated with a mobile payment at Mobile World Congress (MWC) 2016.