Wirecard selects CorFire technology

LONDON, UK: CorFire, the mobile commerce business of SK C&C USA and an industry leader in mobile commerce technology, today announced the collaboration with Wirecard AG, a global leader in payment innovations, to allow near field communications service (NFC) to enable mobile payments across Europe.

Under the agreement, Wirecard's products and services have integrated CorFire's MPSA, an NFC API stack that allows mobile apps to support NFC secure services such as Visa payWave. In addition, Wirecard has launched its own Trusted Service Manager (TSM) using CorFire's CorTSM product to enable NFC payment for its Visa stored value account products.

Dr. Jae Chung, president and CEO of CorFire said: "Since the launch of our mobile commerce solution over 10 years ago, CorFire has been at the forefront of bringing mobile commerce solutions to the broader, global market. Aligning with Wirecard is another example of our commitment to accelerating the adoption of mobile payments."