Gemalto offers payment solution to EI Corte Ingles, enabling 11 million EI Corte Ingles customers to easily complement their existing store payment card with the popular Samsung Pay mobile wallet.
The payment solution will be based on PURE, a white label payment application which brings EMV technology to private label cards, reinforcing the Spanish retailer complete autonomy with its payment eco-system.
Gemalto’s TSH provides the entire digitalization and tokenization process. In simple terms, El Corte Ingles card holders can opt to replace the physical card’s credential with a substitute digital value known as a token. Only the token’s data is stored on the phone, ensuring that the real card credentials are protected from fraudsters and misuse. As for customers, they benefit from the convenience brought by the digital card to pay for goods and services and can authenticate transactions instantly and securely using biometrics.