Banco Santander and Movistar enlist Oberthur for Chilean mobile NFC project

Banco Santander and telco Movistar Chile have brought in Oberthur Technologies as their trusted services manager (TSM) for a mobile NFC payments project. Banco Santander and Movistar will run a small trial of the technology in the Santiago area before a country-wide roll out involving 5000 compatible payment terminals by the end of the year. Oberthur will deploy and manage the service over-the-air (OTA), provide NFC SIM cards, a Mobile PayPass payment application and a digital wallet allowing customers to activate their cards and view their transaction history from their Samsung Galaxy S3 phones.