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VISA approves RIM's Mobile Payment Solution

Monday, January 21, 2013

RIM’s new mobile payment solution Secure Element Manager (SEM) for NFC has been approved from banking and credit processor Visa, this solution will work as a back end that carriers can use to offer their own branded payment options using specially designed SIM cards in BlackBerry phones.

RIM had reported: "We now offer carriers a robust solution with around-the-clock global support that works on any NFC-capable device, and meets the stringent technology and usability guidelines for Visa."

Canadian carriers Bell, Rogers, and TELUS are the first to implement SEM with their EnStream payment initiative, but the thing will be more difficult in USA because most of the carriers their have already embraced ISIS mobile payments, which RIM has declared that it will support.

RIM has an upcoming event on the 30th of January that it will release two new devices that work on their new OS Blackberry 10, the event will be held "simultaneously in multiple countries around the world", and they will announce the availability date and price for these two devices in addition of the new features that users will get courtesy to BB10.

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