SIM card and EMV technology provider Gemalto is working with Samsung to help the telecom company introduce Samsung Pay in Europe.
Samsung, which has been developing its mobile pay initiative for several years, will use Gemalto's Allynis Trusted Service Hub product, according to a Sept. 3 press release. Samsung Pay has already launched in South Korea and is scheduled to launch in the U.S. in late September.
The Samsung Pay mobile payments service will use Near Field Communications and magnetic-secure transmissions, which are available at many merchants. Samsung also uses technology from acquired LoopPay to broaden its reach among merchants.
Gemalto's Allynis Trusted Service Hub integrates user enrollment, service installation and the management of payment credentials or tokenization services.