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Snapper & ABnote TSM deliver world class Touch2Pay services

9th August, 2012

Snapper works with ABnote TSM to deliver world class Touch2Pay services

ABnote is supplying the Trusted Service Manager (TSM) that will power the Touch2Pay with Snapper Mobile solution. Touch2Pay with Snapper Mobile turns your mobile phone into a fast, convenient and secure payment device.

The Touch2Pay service is a 2degrees and Snapper joint venture that was launched in May 2012.

ABnote is now providing the TSM solution to support the delivery of Touch2Pay with Snapper Mobile in New Zealand. “We are very pleased to be working with the teams at both Snapper and 2degrees to deliver this ground breaking project. Snapper is leading global innovation as the first transport ticketing company to release this service to the public. Which puts them at the forefront in providing the tools their customers need to make everyday purchases quickly and conveniently” says Nicholas Ficinus, ABnote’s CEO.

Snapper is delivered right to your mobile

The technology developed by ABnote means that it is easier than ever for customers to enjoy the convenience of Touch2Pay with Snapper Mobile. “ABnote’s contribution to the service means that the Snapper payment application on a Touch2Pay SIM can be downloaded within seconds to your Touch2Pay capable smart phone” says Miki Szikszai, Snapper’s CEO.

Quick and Convenient

Snapper CEO, Miki Szikszai says “Snapper is New Zealand’s most successful contactless payments platform. Our vision is clear – we are here to make everyday payments easier. NFC is a natural fit with this vision and Snapper is committed to driving innovation in all areas of contactless payments.” “The launch of Touch2Pay with Snapper Mobile earlier this year exceeded our expectations. Extending our existing partnership with ABnote means we can make Touch2Pay with Snapper Mobile available to more customers and handsets than before.”

Szikszai goes onto say “We expect more customers will want to enjoy the ease of convenience of Touch2Pay with Snapper Mobile, New Zealand’s first commercial mobile payments platform. ABnote plays a vital leadership role in bringing this innovative technology and contactless acceptance to the New Zealand market.”

Creating the Future

Mobile Payment technology or NFC may sound simple but it’s not merely a matter of replicating the process used for contactless cards. ABnote has invested considerably in Research and Development to reach this stage and can now support a range of NFC handsets with the world-class security that our customers expect and depend on. 2 degrees will soon enable this feature on all of their Touch2Pay smart phones.

Collaboration is the Key

“You need the best partners collaborating at the highest level in order to develop and release world-class technology. In this launch we are pleased to be part of the first commercial available NFC initiative in New Zealand, where Snapper provides the transit, payments and card services, 2degrees the smart phones and SIMs and ABnote the TSM Services and Over The Air (OTA) provisioning” says Ficinus.

About ABnote

ABnote, with facilities in North America, Europe and Australasia, is a leading and trusted global provider of secure document solutions. Its primary products include EMV and mag stripe financial cards (debit and credit cards), identification and secure access cards (drivers' licenses, national ID cards for governments worldwide, and facility entry cards), commercial plastic cards (gift, loyalty and membership), secure documents (savings bonds, stock certificates, passports, vital records, and checks), and innovative services and solutions (including NFC mobile payments, TSM, personalization, secure warehousing, distribution and fulfillment).

For more information on ABnote and its products, visit www.abnote.com.au

ABnote Australasia employs over 650 people in all major states in Australia and New Zealand, and services over 1000 customers, including Australia's major banks, Federal and State Governments and many small and large commercial enterprises.

Founded in 1795, the company's success is due to its continuing focus on new methods, new products, new technologies and a partnering approach to client relationships.

ABnote is security accredited by Visa, MasterCard, EuroPay, Diners Club and American Express, and holds International Quality Standards Organisation ISO9001:2008 in Australia and New Zealand and ISO: 14001:2004 in Australia.

About Snapper

Snapper has created a brand new payment category in New Zealand, replacing cash with instant everyday payments using contactless smart media. Snapper and 2degrees have launched Touch2Pay with Snapper Mobile, which lets customers pay for everyday items with their mobile.

More than 400,000 Snappers have been issued, generating over 115 million transactions across more than 1000 buses, 3000 taxis, and 500 retailers in New Zealand. Snapper offers customers integrated ticketing and instant everyday payments. The Snapper system in Wellington also provides valuable journey data that can be used to plan better transport services for passengers.

Snapper Services Limited was formed in 2006 and is a wholly owned subsidiary of Infratil Limited.

Snapper launched in 2008, has offices in Wellington and Auckland, New Zealand, and employs 25 people.

About 2degrees

Launched in August 2009, 2degrees Mobile has significantly lowered the cost of making mobile phone calls and texts for Kiwis.

The company has committed over $350 million to building New Zealand’s third mobile phone network. Company shareholders include US-based mobile communications specialists, Trilogy International Partners, as well as Hautaki Trust and Communication Venture Partners.

The combined shareholders bring a wealth of international experience and knowledge which is of huge benefit to New Zealand mobile users.

For more information visit:

www.ABnote.com.au
www.secureissuance.com.au

ENDS

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