|By PR Newswire||
|November 5, 2012 02:00 PM EST||
CHICAGO, Nov. 5, 2012 /PRNewswire/ -- C-SAM, Inc. (C-SAM) and Dai Nippon Printing Co., Ltd. (DNP) today announce that the two companies have expanded their global mobile services agreement to deploy
C-SAM's Mobile Transaction Platform (MTP) as part of DNP's TSM (Trusted Service Manager) solution, smart card offerings, and NFC technologies and digital services for Japanese service providers that serve the Asia-Pacific region. The agreement enables the MTP-enabled TSM solution to be deployed in more than 30 Asia-Pacific markets.
The joint C-SAM/DNP solution provides scalable and flexible mobile wallet technology for mobile operators, retailers and banks, healthcare companies and other service providers to offer innovative mobile services, such as payment, offers, coupons, banking, loyalty, healthcare and other rich value‑added services.
C-SAM's MTP addresses the complexities of managing a wide range of mobile devices and operating systems, secure elements, and connections to third-party systems for conducting secure NFC and/or barcode transactions that are associated with mobile payments, rewards, coupons, ticketing and related services.
"Through co-marketing in Asia-Pacific market by C-SAM and DNP, we expect that our Japanese corporate customers, C-SAM, and DNP will succeed together to build a new relationship to expand into Asia-Pacific market," said Sakae Hikita, Managing Director of DNP.
"The agreement to expand our global mobile services agreement with DNP is a natural extension of the very successful partnering that we have done together in Japan and globally with our integrated mobile wallet solution. We look forward to deepening our collaboration with DNP, further strengthening DNP's portfolio of applications and services, and growing DNP's market leadership position throughout the Asia-Pacific region," said Felix Marx, CEO of C-SAM.
C-SAM's Mobile Transaction Platform and SDK were selected by ISIS, the US-based joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, for its mobile wallet offering. In addition, the platform was chosen by MasterCard to provide a white-label mobile wallet solution that enables seamless integration with MasterCard's pre-paid platform, offers, PayPass Wallet Services and rich informational services. This agreement with DNP reflects the highly scalable capabilities of C-SAM's MTP to roll out interoperable mobile wallet services across global markets and deliver the highest standard of customer experience to ensure brand differentiation.
C-SAM and DNP will demonstrate their industry-leading mobile wallet solution at CARTES:
About Dai Nippon Printing Co., Ltd. (DNP)
DNP is one of the world's largest comprehensive printing companies, with annual sales of 1.507 trillion yen and approximately 39,986 employees as of March 2012. DNP's wide range of businesses includes publication printing, commercial printing, smart cards, business forms, network business and electronic components. More information about DNP can be found at www.dnp.co.jp/index_e.html
C-SAM, Inc. is a pioneer in secure mobile transactions technology offering a range of mobile phone based applications for financial as well as non-financial services. C-SAM is based out of the USA, with operations in Singapore, Japan and India. The Company licenses technology and provides turnkey services to carriers, banks, merchants, settlement networks, healthcare providers, and large infrastructure providers. C-SAM has launched commercial services in the US, Japan, China, India, Singapore, and Mexico. C-SAM's highly scalable mobile wallet management platform and comprehensive SDK bundled with over twenty-five reference services has evolved through extensive research and development over the last twelve years for which eleven patents have been issued and twenty applications are pending. The platform supports different handset environments and mobile carrier networks, as well as near-field-communication (NFC) based secure proximity transactions for payment as well as non-payment applications. C-SAM's unique security architecture enables providers to configure different trust models, and effectively aggregate applications from disparate domains without adversely affecting their existing risk management practices. For more information, visit http://www.c-sam.com.
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