RIM''s SEM is the backend solution for carriers that can securely manage credentials on SIM (subscriber identity module) cards installed in all types of NFC-capable mobile devices.
Today''s announcement from RIM builds on the recent deployment of mobile payments in Canada by EnStream, a joint venture of Bell, Rogers and TELUS, which uses RIM''s SEM solution.
"The approval from Visa of RIM''s SEM solution is an important step in that it will enable carriers to support Visa issuing banks and financial institutions, " said Frank Maduri, Senior Director, NFC Services and TSM Product Management at RIM.