Flexible Electronics News

Gemalto UpTeq Multi-Tenant SIM Powers First NFC Payment in Ukraine

Supports first-ever contactless payment via a mobile phone in Ukraine

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Gemalto supplied its UpTeq Multi-tenant SIM embedded software and product to Kyivstar, the leading Ukranian mobile operator, supporting the country’s first-ever contactless payment via a mobile phone. Working in conjunction with Kyivstar, Alfa Bank’s pilot paves the way for a full commercial launch of NFC mobile payments across Ukraine. Kyivstar is the Ukrainian business unit of VimpelCom Ltd, with a total customer base of more than 25 million subscribers.

Gemalto’s proven UpTeq Multi-tenant SIM will enable payment for a host of goods and services with nothing more than the tap of a smartphone. At present there are an estimated 22,000 contactless payment terminals in Ukraine. Eliminating the need to fumble for the right cash or card, this service from Kyivstar and Alfa Bank will mean Ukrainians can look forward to less stress and shorter queues when paying at shops throughout the country.

“Kyivstar is committed to delivering an outstanding mobile payment experience,” said Alexey Kireev, head of new business department at Kyivstar. “Our goal is to continue developing mobile finance products at Kyivstar extensively in 2014. We are glad to be working with one of the world’s most trusted partners for NFC.”

“By leveraging Gemalto’s NFC technology, Kyivstar and Alfa Bank are pioneering a revolution in the way Ukrainians will pay for goods and services in the years ahead,” added Philippe Cambriel, Gemalto president for Europe, Mediterranean and CIS. “With the boom in contactless equipment at the point of sale in the country, this is the perfect timing for mobile payment introduction.”

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