The Vodafone Wallet represents a milestone for the mCommerce industry and reinforces CorFire’s leadership in bringing commercial scale mCommerce solutions to market.
London, UK (PRWEB) December 02, 2013
CorFire, the mobile commerce business of SK C&C and an industry leader in mobile commerce technology, along with Vodafone Group, today announced the commercial launch of the Vodafone Wallet in Spain, with Vodafone planning to deploy the mobile wallet across its entire European footprint.
Powered by the same CorFire mCommerce platform used worldwide by key merchants, mobile operators, transit authorities and financial institutions; the Vodafone Wallet will include both Near Field Communication (NFC) and non-NFC technology. Built on the CorFire CorPAY™ platform and its scalable client/server architecture, the Vodafone Wallet will offer customers data security and access to market proven, as well as, innovative, future-forward mCommerce services. The CorFire CorTSM™ portion of the platform will facilitate over-the-air (OTA) provisioning of the Vodafone Visa® Stored Value Accounts through its agreement with Wirecard. As a result, Vodafone customers in Spain can now take advantage of the convenience of contactless purchases at retailers, redeem offers and transit, and in the future use digital loyalty cards right from their smartphones.
“The new Vodafone Wallet will give our customers a convenient, simple and secure way of managing a range of everyday transactions with their smartphone,” said Christian Wirtz, mCommerce Director, Vodafone. “CoreFire’s mCommerce experience and execution was central in helping us to meet our aggressive implementation schedule.”
CorFire’s scalable m-Commerce technology allows mobile network operators to deploy mobile wallets with innovative features such as value-added offers, mobile gifting, closed-loop payments, virtual loyalty cards, as well as deployment of features that anticipate consumer usage of mCommerce services. This proven platform speeds the onboarding of mobile commerce services across financial institutions, merchants, transit authorities, ticketing agencies and voucher providers.
“It’s a great honor to be a core technology in one of the largest mobile wallet deployments in history,” said Dr. Jae Chung, President and CEO of CorFire. “The Vodafone Wallet represents a milestone for the mCommerce industry and reinforces CorFire’s leadership in bringing commercial scale mCommerce solutions to market.”
From retailers to handset manufacturers to financial institutions to mobile network operators, organizations today need a proven way to extend their brands and enable their customers to use smartphones as a channel for commerce. With its proven industry expertise, CorFire helps all organizations in the mobile ecosystem deliver on the promise of an environment where consumers can live life mobile. As the mobile commerce business of SK C&C USA, CorFire leverages the financial backing, scale and experience of its parent company, SK C&C, with its 10+ years of mobile payments experience to provide a scalable and trusted technology that helps companies quickly and securely move their mobile commerce platforms forward.
Headquartered in Atlanta, Georgia, USA CorFire offers three core technology solutions: its Trusted Services Manager (TSM) platform - CorTSM™, a robust mobile wallet platform - CorPay™, and CorMKT™ - a state-of-the-art suite of mobile marketing services. For more information please visit http://www.corfire.com.
Vodafone is one of the world's largest telecommunications companies with approximately 411 million customers in its controlled and jointly controlled markets as of 30 September 2013. Vodafone has equity interests in telecommunications operations in nearly 30 countries and around 50 partner networks worldwide. For more information, please visit http://www.vodafone.com.