IDEMIA signs agreement with Discover to accelerate mobile and digital payment services adoption

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Sep 21, 2018, 13:29 ET

BILLERICA, Mass., Sept. 21, 2018 /PRNewswire/ -- IDEMIA, the world leader in Augmented Identity, announced today that it has signed an agreement with Discover® Global Network, the payments brand of Discover Financial Services. This first of its kind agreement is aimed to ease and accelerate mobile and digital contactless payment adoption, and rollout by card issuers.

Under the program, IDEMIA (formerly known as OT-Morpho) is authorized by Discover Global Network to provide digital enablement services for any issuer or third party mobile wallet solution that is integrated with the Discover EMV^® compliant contactless specification known as the D-Payment Application Specification (D-PAS). IDEMIA will securely tokenize and/or provision credentials into mobile devices for payment services provided by such card issuers to their customers. At the point-of-sale, users simply need to tap their smartphones, or other contactless enabled devices, at a D-PAS enabled contactless terminal.

IDEMIA's platform is endorsed by all major mobile wallet providers and deployed at scale to manage the enrollment, provisioning and lifecycle of tens of millions of cards in dozens of countries around the world.

"We are very proud to be working once again with Discover. This agreement is another major milestone in our long-term relationship. We are looking forward to leveraging our respective assets and capabilities. The goal is to extend the reach to financial institutions and other service providers such as general purpose debit or credit but also gift, incentive, payroll, campus or private label card issuers," said Pierre Barrial, Executive Vice-President for Financial Institutions activities at IDEMIA.

"By furthering our relationship with IDEMIA, we are helping third-party clients build tokenization systems that best meet the needs of their customers," said Ricardo Leite, vice president of Global Commerce at Discover. "This may in turn allow even more cardholders to use their mobile devices with confidence for payment and other value-added services."

About IDEMIA

OT-Morpho is now IDEMIA, the global leader in Augmented Identity, with the ambition to provide a secure environment enabling citizens and consumers alike to perform their daily critical activities (such as pay, connect, travel and vote), in the physical as well as digital space.

Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, we reinvent the way we think, produce, use and protect this asset, whether for individuals or for objects. We ensure privacy and trust as well as guarantee secure, authenticated and verifiable transactions for international clients from Financial, Telecom, Identity, Public Security and IoT sectors.

OT (Oberthur Technologies) and Safran Identity & Security (Morpho) have joined forces to form IDEMIA. With close to $3 billion in revenues and 14,000 employees around the world, IDEMIA serves clients in 180 countries.

For more information, head to www.idemia.com. And follow @IdemiaGroup on Twitter

Press contacts:
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SOURCE IDEMIA