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11 Latest Tips You Can Learn When Attending Visa Paywave Logo | visa paywave logo

Certified for HCE and Tokenization based contactless adaptable acquittal solution

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NEW DELHI, Sept. 9, 2020 /PRNewswire/ -- Comviva, a all-around baton in agenda banking solution, today appear that it has been certified by Visa as an Issuer Badge Account Provider (I-TSP). Comviva was beforehand certified as a Badge Requestor Badge Account Provider (TR-TSP) by Visa in June 2017. The Visa I-TSP and TR-TSP certifications are for Comviva's mobqiuity® belvedere that leverages Host Agenda Emulation (HCE) technology and Tokenisation to bear swift, secure, bland and acceptable contactless adaptable acquittal to customers. HCE enables the chump to accept a agenda adaptation of the acclaim or debit agenda in their adaptable phone, and tap the adaptable buzz at payWave/payPass certified POS machines to accomplish the payment. Tokenisation masks agenda capacity to ensure that payments are accomplished in a defended manner.

Digital agenda payments like eCommerce payments, adaptable tap and pay at merchant POS and in-app payments are growing rapidly and so is the charge for bigger aegis of transactions. Tokenization casework like Visa Badge Account (VTS) accomplish agenda affairs defended by replacing acute agenda capacity with a different agenda identifier alleged a token. The badge allows acquittal to be candy after advertisement absolute agenda details.  

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Visa is accelerating the acceptance of defended agenda payments application Tokenization, by acceptance accustomed third affair ally alleged Badge Account Providers (TSPs) to accommodate admission to the Visa Badge Account (VTS). TSPs are affiliated to VTS and advice Badge Requestors (TRs); which includes entities like agenda wallets, agenda acquittal apps, payments enablers and merchants to accredit Tokenized payments. Comviva is a Visa certified TSP. There are two TSP types: Badge Requestor TSP (TR-TSP) and Issuer TSP (I-TSP). TR-TSP enables Badge Requestors to advance agenda acquittal solutions leveraging VTS. I-TSP provides solutions for banking institutions in accommodating badge requestor's agenda acquittal services. Comviva's mobqiuity® belvedere now offers both TR-TSP and I-TSP solutions certified for acceptance with VTS.

Expressing his contentment at accepting the certification, Srinivas Nidugondi, EVP and COO, Adaptable Banking Solutions at Comviva, said, "We are blessed to complete all appraisal requirements of Visa Ready TSP affairs and accomplish I-TSP certification. With both I-TSP and TR-TSP certifications, mobqiuity® can now action arising banks, banking institutions and third affair agenda wallet providers a full-scale, absolute contactless adaptable acquittal band-aid leveraging HCE and Tokenization. We like to acknowledge Visa for their abutment and accouterment us befalling to be allotment of their TSP program."

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"Tap and Pay contactless payments are aseptic and safe and appropriately are growing in acceptance during the accepted pandemic," he added added.

Comviva's mobiquity® HCE and Tokenization band-aid has been deployed by assorted banks and agenda issuers globally. SBI Card, one of the arch acclaim agenda issuers in India, has deployed mobiquity®'s HCE and Tokenization band-aid in October 2019 to action contactless adaptable acquittal account SBI Agenda Pay.

الدفع بدون تلامس البطاقة الذكية بدون تلامس بطاقة القرب فيزا باي

Note: mobiquity® is registered brand in India only         

Press contact:Sundeep MehtaEmail: pr@comviva.com

Visa certifies NFC-equipped Android, BlackBerry smartphones for

Logo: https://mma.prnewswire.com/media/995982/Comviva_Logo.jpg

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