Singapore to launch nationwide NFC scheme
The consortium comprises Gemalto, Citibank Singapore, DBS Bank, EZ-Link, M1, SingTel Mobile and StarHub Mobile. According to IDA, the program will be made possible through a Call-for-Collaboration (CFC) with industry players to deploy a nationwide interoperable NFC infrastructure. The objective is to encourage widespread participation by businesses and service providers from wide-ranging industries to join the ecosystem to offer more consumer services, including mobile coupons, mobile tickets and product information.
IDA and the consortium of companies will be investing a total of SGD 40 million (EUR 11.8 million) through the CFC to deploy the TTP infrastructure and more than 10 NFC mobile payment and value-added services by 2014. The services will be rolled out progressively, with at least three NFC mobile payment services made available from mid 2012. The objective is to have at least 30,000 subscribers enrolled in two years, and a minimum of 4,000 merchant locations.
Gemalto is selected as the trusted third party to deploy mobile NFC contactless services across Singapore. Gemalto will develop and operate its Trusted Services Manager (TSM) solution to securely deploy and manage mobile NFC services such as payment, ticketing, loyalty and other wireless services like the smart poster which allows consumers to interact with advertisements. The complete TSM operation will take place in a secure environment in Singapore, whereby end users’ data is provisioned confidentially over the air to their devices.
Singapore's all three mobile network operators, M1, SingTel Mobile and StarHub Mobile take part in the project. Payment for train and bus rides could be possible as early as 2013, when the Land Transport Authority (LTA) gives the green light for the cellphone to be used public transport payment.