Early next year, consumers in New Zealand will have the option of making payments through the Semble mobile wallet.

The new mobile wallet will operate through Near Field Communication-enabled Android phones, with the consumer's payment credentials encrypted on the secure element in the phone handset, New Zealand-based Semble announced this week.

Semble said it developed the wallet with shareholders Vodafone, Paymark, 2degrees, Spark New Zealand and banking partners ASB and BNZ. Vodafone is also a partner on mobile payment initiatives in Germany, Spain and Australia.

The wallet will go through pilot testing in November before officially launching in January of 2015, the company said. The Semble app will be available for download through Google.

Consumers will be able to store credit and debit cards issued through ASB and BNZ, as well as GlobalPlus cards that earn Air New Zealand Airpoints, Semble said.

“It makes sense to move the physical contents of our wallets to our smartphones," Semble CEO Rob Ellis said in a press release. "Initially customers will be able to pay via their smartphone for goods and services but Semble will ultimately eliminate the need to carry any cards at all.”

Semble users will receive a security code for the mobile wallet app and a PIN or biometric technology on the phone as extra layers of security.

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