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News

Contactless sticker enables mobile payments

Gemalto : 14 November, 2014  (Application Story)
New Zealand financial institution takes Optelio contactless stickers to enable secure payments using mobile phones
Contactless sticker enables mobile payments

Gemalto has been selected by Westpac, a financial institution in New Zealand, to offer its Optelio Contactless Sticker for mobile payment. Westpac customers attach the sticker to the back of their mobile device to make quick, secure contactless payments.

The Optelio Contactless Sticker embeds a secure EMV microprocessor that will be linked to Westpac customers' credit or debit cards. It will enable small payments at more than 15,000 contactless point-of-sale (PoS) terminals across the country. The contactless sticker is certified by international payment associations and is part of the comprehensive range of Gemalto NFC products and services.

"The new solution will offer our 1.2 million New Zealand customers a better payment experience, reducing the wait at checkout counters," said Shane Howell, Chief Product Officer at Westpac. "Gemalto's Optelio Contactless Sticker is an ideal cost-effective solution that can be deployed quickly to enable mobile contactless payment for our customers."

"New Zealand is a pioneer in embracing cashless alternatives with less cash per capita circulating there than in other OECD countries," added Michael Au, President South Asia and Japan at Gemalto. "Awareness of emerging payment methods is very high, and New Zealanders are willing to try new improved ways to pay, especially the younger generation. The contactless stickers are an interim step before the move to near field communication on phones."

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