OT to deploy mobile payments in France with STET and GIE-CB

Wednesday 22 June 2016 | 11:20 CET | News

OT (Oberthur Technologies) will roll out mobile payment services in France, together with STET, the retail payment operator for French and European markets, and Cartes Bancaires CB Group (GIE-CB), the regulatory body for the payment card system. Customers of French banks will be able to access OT’s Digital Enablement Platform (DEP) to use virtual payment cards stored in the digital wallets provided by manufacturers of compatible mobiles.

OT’s DEP is an end-to-end solution that manages enrolment, loading, and configuration on any kind of mobile, as well as the life cycle of payment data (tokens) in digital wallets, no matter the technology and security factors used, whether physical or software-based.  

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