Inside Secure Mobile Payment Server supports on-premise and Cloud, managing the mobile payment ecosystem on behalf of banks and service providers
Meyreuil, France, October 19, 2017 – Inside Secure (Euronext Paris: INSD), at the heart of security solutions for mobile and connected devices, announces today that it has released its Inside Secure Mobile Payment Server, a unique solution that can manage the mobile payment ecosystem for issuing banks and mobile payment providers. The solution will be showcased at Money 2020 in Las Vegas from October 22 -25.
Inside Secure Mobile Payment Server is available as an on-premise solution for banks that want to have direct control over their ecosystem and accelerate their own branded mobile services. It is also available as a cloud-based service with customers paying through a subscription or on a pay-per-use basis. It is the industry’s only mobile payment solution to date that has been recertified by Visa and certified by MasterCard, bringing issuer banks an easy and seamless deployment, delivering rapid time-to-market and minimal development.
Inside Secure Mobile Payment Server provides the bridge between an Issuer bank’s mobile payment application, based on Inside Secure Mobile Payment Client software development kit, and the services it enables.
Pre-integrated and pre-certified to Visa’s Visa Token Service (VTS) and MasterCard’s MasterCard Digital Enablement Service (MDES), Inside Secure Mobile Payment Server allows issuers to connect their mobile payment applications to the payment scheme tokenization services in a straightforward and secure way.
According to Modor Intelligence, the global mobile payment security market is projected to exceed $3 billion by 2022, growing at a CAGR of over 30 percent.
“With the rapid growth and adoption of mobile payment services, particularly moving to the Cloud, we see a great need to provide secure and trusted solutions across the ecosystem, said Simon Blake-Wilson, chief operating officer of Inside Secure. Inside Secure Mobile Payment Server, hosted by a bank or as a service, gives customers the flexibility to secure their solutions where they need them. And the certification of our solution by Visa and MasterCard provides a strong endorsement and an easy pathway for customers to effectively secure mobile payments.”
Please join Inside Secure at Money 2020 in Las Vegas next week (Booth 440) to see how the Inside Secure can meet your mobile payment needs most effectively.
- The company will be showcasing its mobile payment platform, Inside Secure Mobile Payment Client, that allows fast deployment of mobile payment products.
See how being a Visa TR-TSP and MasterCard Partner makes Inside Secure the ideal partner for deploying tokenized payment solutions.
Inside Secure will be presenting its unique range of security products and expertise that enable our HCE payment SDK to achieve both functional and security approval from both MasterCard and Visa.
Mobile Payment Server:
About Inside Secure
Inside Secure (Euronext Paris – INSD) is at the heart of security solutions for mobile and connected devices, providing software, silicon IP, tools, services, and know-how needed to protect customers’ transactions, ID, content, applications, and communications. With its deep security expertise and experience, the company delivers products having advanced and differentiated technical capabilities that span the entire range of security requirement levels to serve the demanding markets of network security, IoT and System-on-Chip security, video content and entertainment, mobile payment and banking, enterprise and telecom. Inside Secure’s technology protects solutions for a broad range of customers including service providers, operators, content distributors, security system integrators, device makers and semiconductor manufacturers. For more information, visit www.insidesecure.com
This press release contains certain forward-looking statements concerning the Inside Secure group. Although Inside Secure believes its expectations to be based on reasonable assumptions, they do not constitute guarantees of future performance. Accordingly, the company’s actual results may differ materially from those anticipated in these forward-looking statements owing to a number of risks and uncertainties. For a more detailed description of these risks and uncertainties, please refer to the "Risk Factors" section of the registration document approved by the French financial market authority (the Autorité des marchés financiers – the “AMF”) on March 30, 2016 under number R. 16-014, available on www.Insidesecure.com
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