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OT and China UnionPay Gather the Main Players of the Chinese Mobile Payment Industry in Shanghai

Regulatory News:

Oberthur Technologies, a world leader in digital security solutions for the mobility space and China UnionPay, the global leading bankcard association today announced they will host a Mobile Payment Summit in Shanghai on 27th May 2014.

During this event, the main players of the Mobile Payment industry (leading OEMs, major banks, service providers) will come together in order to discuss the introduction of state-of-the-art products and solutions enabling an easy deployment of secure contactless payment, with strong authentication.

“We are delighted to host this event with Oberthur Technologies the main objective of which is to promote the mobile payment ecosystem with strong authentication and practical innovation. Organizing such an event demonstrates the Chinese ecosystem’s readiness for these innovative technologies which make end-users’ life more convenient and secure ” said Ms HU Ying, Associated VP of CUP.

“For OT, as a leader in mobile payments in the Great China region, it was only natural to partner with CUP in the organization of this event” said Mr Didier Lamouche, President and CEO of OT. “Gathering together the main stakeholders in China is a great opportunity for us to discuss this strategic market and promote adoption of mobile payments”.

ABOUT OBERTHUR TECHNOLOGIES

OT is a world leader in digital security solutions for the mobility space. OT has always been at the heart of mobility, from the first smart cards to the latest contactless payment technologies which equip millions of smartphones. Present in the Payment, Telecommunications and Identity markets, OT offers end-to-end solutions in the Smart Transactions, Mobile Financial Services, Machine-to-Machine, Digital Identity and Transport & Access Control fields. OT employs over 6 000 employees worldwide, including 600 R&D people. With more than 50 sales offices across 5 continents and 10 facilities, OT’s international network serves clients in 140 countries. For more information: www.oberthur.com

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