NFC Times Exclusive Insight – France’s domestic debit scheme Cartes Bancaires has been gearing up for the past year to launch a tokenization service for French issuers, with commercial service expected in coming months, including in support of HCE apps launched by banks and possibly for “OEM Pay” services.
And the payment scheme is believed to be working with French telcos, including Orange, to enable tokenization on SIM cards. There appears to be interest among telcos to put tokens on their NFC SIMs.
Meanwhile, outside of providing tokenization, Cartes Bancaires, also known as CB, says it also has set up standards for security and functionality for HCE technology French banks and other issuers could begin launching commercially this year.