Research In Motion Limited USA " class="ticker" target="_blank">
The approval by banking and credit processor Visa Inc. " class="ticker" target="_blank">
“We now offer carriers a robust solution with around-the-clock global support that works on any NFC-capable device, and meets the stringent technology and usability guidelines for Visa.” said Frank Maduri, Senior Director, NFC Services and TSM Product Management at Research In Motion Limited USA " class="ticker" target="_blank">
The Waterloo, Ontario-based maker of BlackBerry devices said the approval marks “a crucial step in expanding RIM’s role as a key security partner for mobile payment solutions around the globe.”
“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 Maduri in press release today.
RIM developed its SEM with a view to enable mobile payments Near Field Communications, a technology that can trigger financial transactions through close-range communication between phones and sales terminals.
“RIM’s secure network operations center provides a unique combination of global geographic reach, and has established trusted relationships with hundreds of carriers around the world with an unparalleled reputation for security, which sets RIM apart as an SEM partner in the growing mobile payments space.” said Andy Castonguay, Principal Analyst, at Informa Telecoms & Media
Canadian carriers Bell, Rogers Communications Inc. " class="ticker" target="_blank">
With Visa’s approval in hand, Research In Motion Limited USA " class="ticker" target="_blank">