France-based Oberthur Technologies announced today it has won a contract to supply trusted service management to French bank Société Générale, for the bank’s eventual roll out of NFC payment.
While Oberthur’s announcement said Société Générale would roll out NFC services in France this year, it remains unclear just how large the commercial service will be, though is likely to remain small in 2012.
TSMs for banks and other service providers handle the download and lifecycle management of applications, such as payment, which the service providers issue for NFC phones. The applications are stored on secure elements, which in France will most likely be SIM cards issued by mobile operators.