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Security

Mobile Payments

From Host Card Emulation (HCE) and tokenization, to empowering organizations to become their own Token Service Provider (TSP), Rambus software, including technology from Bell ID, provides a comprehensive, mobile payment solution to banks and retailers worldwide that loads and manages payment credentials on Near Field Communication (NFC)-based smartphones and connected devices.

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Solution Overview

Welcome to Rambus Mobile Payments, the new home of Bell ID.

Mobile Payment Solutions Description
Token Service Provider Enables organizations such as payment issuers and payment processors to perform the role of Token Service Provider as defined by EMVCo
Unified Payment Platform Digitizes payment, gift, and loyalty cards in addition to coupons into a single mobile wallet app, creating a frictionless shopping experience
Host Card Emulation Enables mobile NFC transactions to be made by storing and accessing credentials in a remote environment rather than on the mobile device
Token Gateway Creates a single hub for banks to connect to multiple third party tokenization services
EMV Smart Card Management Securely and easily Issue and manage the lifecycle of EMV chip cards
Tokenization Management Easily generate, issue and manage tokenized card numbers to secure mobile payments
Secure Element Management Allows smart transport card holders to read the contents of their smart card using an NFC-enabled smartphone or tablet

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Improved Time-to-Market

Reduce implementation time with a unified platform to connect to OEM Pay as well as bank and retail mobile wallets

Utilize HCE technology to quickly bring mobile payments solutions to market

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Enhanced User Experience

Retain branding and drive digital engagement with bank and retail mobile wallets

Increase customer adoption with support for major mobile payment platform

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Superior Security

Utilizes HCE with tokenization to minimize unauthorized use of cardholder data

Integrates with CryptoManager Security Engine hardware root-of-trust

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Reduced Cost

Avoid tokenization fees by issuing your own tokens

Save on transaction fees as the issuing and acquiring bank

Mobile Payment Solutions

NFC-based mobile payments offer many advantages to consumers, retailers and financial institutions alike. For consumers, mobile wallets provide a convenient, “tap and go” frictionless shopping experience, seamlessly integrating credit/debit cards, gift cards, loyalty points and coupons, while leveraging enhanced security features like multi-factor authentication and biometrics. For retailers, mobile wallets result in cost reductions and offer higher customer satisfaction through a frictionless check out experience and personalized recommendations. Finally, for banks mobile wallets result in enhanced protection from fraud and the ability to offer value added services.

Diagram for Enabling Mobile Payments for NFC devices

Diagram for Enabling Mobile Payments for NFC devices

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See how Rambus is bringing simplicity and trust back to mobile payments

Rambus mobile payment solutions offer a single, modular software platform that can enable payment issuers and retailers to safely load and manage cards onto NFC smartphones. Our technology adapts to any mobile payments ecosystem – whether card credentials are stored on the device or in the cloud using host card emulation (HCE) – and ensures security through tokenization. With our software, customers can fulfill the role of a token service provider (TSP), securing transactions by removing vulnerable card data from the payment network.

Click here to read how Rambus mobile payment technology is making our customer’s products better.

Enabling an Economy of Digital Trust through Mobile Payments

The number of mobile payment users is projected to increase from 50.8 million to 76.0 million, or 24.3% to 33.1% of total smartphone users, between 2017 and 2020. Despite steady growth, mass adoption remains slower than anticipated as mobile payments do not yet offer the secure and seamless experience consumers have come to expect. As such, mobile wallets must provide more than a convenient place to store virtual cards by integrating loyalty programs, gift cards, receipts and payment history in a single app. Similarly, consumers must be confident that their mobile payment information is protected before, during and after a transaction.

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