With Convego CloudPay, G&D is offering a mobile, cloud-based payment service, which meets the specifications of the leading international payment schemes. The solution comprises two main components: the CloudPay Server for mobile card provision and life cycle management, and the CloudPay Client software offering functions for digitalized payment transactions.
The CloudPay Server enables banks’ customers to automatically download their payment card credentials onto their smartphones via Host Card Emulation (HCE) technology by using their bank’s mobile app. Thereafter, consumers can begin to use their mobile payment function.
“With this certification and licensing agreement, the Convego CloudPay solution can now be used globally by any bank wanting to issue American Express compliant HCE payment cards,” said Edgar Salib, group SVP Financial Institutions division at G&D.