NFC Times Exclusive – As Apple moves closer to launching Apple Pay in Japan, the FeliCa-based service is opening up business opportunities for third-party technology suppliers, unlike most other countries where Apple Pay has launched.
Japanese credit card company JCB, which will support Apple Pay when it launches this month, has been working with France-based Oberthur Technologies to build the JCB Token Platform, or JTP, enabling the network to provide tokenization for the JCB credit cards it issues. This tokenization platform will be used for JCB’s QUICPay credit card payments service, which like the other applications launching with Apple Pay in Japan will use proprietary FeliCa technology.
JCB will use the platform to tokenize credit cards for QUICPay that it issues, the network confirmed to NFC Times. It also said it has approved third-party vendors to tokenize JCB-branded cards for banks and other issuers using the JCB brand. The tokenization will follow guidelines set down by EMVCo, the propropritary standards organization of which JCB is a co-owner. NFC Times has learned that Japan-based Dai Nippon Printing, working with France-based Gemalto, is one of the third-party token service providers JCB has certified.
