Payments Processing Leader Clear2Pay Joins GlobalPlatform
15 November 2011 – GlobalPlatform today announces that Clear2Pay, an international leader in next generation payment solutions for financial institutions, has become its latest Participating Member.
Clear2Pay will bring a wealth of payments processing, cards and testing expertise from the payments market to support GlobalPlatform in the standardization and management of applications on secure chip technology.
The company joins the association as a Participating Member, which enables it to fully contribute in GlobalPlatform's Device Committee, where it will provide input into the development of specifications for the Trusted Execution Environment (TEE).
Clear2Pay will also participate in the GlobalPlatform Compliance Program, which in 2012 will focus on developing the test tools to evaluate the functional compliance of a TEE product to GlobalPlatform Specifications.
Marie Costers, Head of Test Tools Competence Centre, Clear2Pay, comments: "At Clear2Pay, we are all very enthusiastic about joining GlobalPlatform. Our Participating Membership means that we can bring our technical expertise at the forefront of the payments industry to the standards which will ensure security in an industry where trust is vital. Our collaboration on standards stands to benefit all the stakeholders in the chip community, from technology innovators to customers and end users of the resultant applications."
Kevin Gillick, Executive Director of GlobalPlatform, adds: "Clear2Pay is a global player in payments processing and testing, and has an enviable breadth of products and services that span the whole payment value chain between the buyer and seller, so their contribution to GlobalPlatform will be invaluable. We welcome their engagement and look forward to reaping the benefits of their expertise, technical knowledge and experience in our standards development work."