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 SEMsolution.
"The approval from Visa of RIM''s SEMsolution 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.
WATERLOO, ONTARIO--(Marketwire - Jan 16, 2013) - Research In Motion (RIM) (NASDAQ:RIMM)(TSX:RIM) today announced that its Secure Element Manager (SEM) solution for NFC (Near Field Communication) mobile payments has been approved by Visa.
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.