Giesecke & Devrient now AMEX Enabled accredited for HCE cloud payment services

Amex enabledGiesecke & Devrient (G&D) has announced that its Convego CloudPay solution has achieved AMEX Enabled accreditation for cloud-based specifications. The AMEX Enabled accreditation covers core services, including digital credential management, payment card provisioning and lifecycle management, as well as online data generation and related key management.

With Convego CloudPay, G&D is offering a mobile, cloud-based payment service, which meets the specifications of the leading international payment schemes. The solution comprises two main components: the CloudPay Server for mobile card provision and life cycle management, and the CloudPay Client software offering functions for digitalized payment transactions. The CloudPay Server enables banks’ customers to automatically download their payment card credentials onto their smartphones via Host Card Emulation (HCE) technology by using their bank’s mobile app. Thereafter, consumers can begin to use their mobile payment function.

“With this certification and licensing agreement, the Convego CloudPay solution can now be used globally by any bank wanting to issue American Express compliant HCE payment cards”, said Edgar Salib, Group Senior Vice President Financial Institutions division at G&D. “Consumers with an HCE enabled Android smart device can now apply for American Express services and branded payment cards. G&D becoming an AMEX Enabled partner further expands the options available for financial service providers with Convego CloudPay. Not only is our solution secure and complies with the payment scheme’s requirements, it is also highly performant, enabling instant provisioning and fast payment, resulting in an excellent consumer experience.”

Tags: , , , ,

Categories: Host Card Emulation

CONNECT with Contactless Intelligence

Connect with us here

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: