News
Gemalto deploys Secure Element based applet for Smart Wearables
April 2016 by Emmanuelle Lamandé
Gemalto has provided a secure element based applet for smart wearables launched by China UnionPay Co. (CUP), one of the world’s major payment associations with total transactions reaching USD 1.9 trillion in the first quarter of 2015.
CUP had launched smart wearables with embedded secure elements based payment applications last year. The payment applet runs on the secure element, to provide online and offline payment capabilities on wearables. This will eliminate the need for different card vendors to develop their own versions, simplifying deployment of payment applications on a wide range of secure elements and improving time to market, for a new era of innovative wearables.
