Italian Payments Processor Seeks to Launch Independent TSM ‘Hub’

Large Italian payment card processor SIA plans to launch what it hopes will become an interoperable trusted service management hub for Italy to connect banks to telcos.

SIA, owned by Italy’s largest banks, would provision payment applications over the air to mobile operator SIM cards. The company said it proposes an “independent” TSM, which it calls TSM EasyCard. It expects to use the TSM for NFC rollouts this year. SIA has hired France-based Gemalto to provide the TSM platform.

“The idea is to have an infrastructure for all the banks and all the telcos,” the company told NFC Times. “SIA expects to progress step by step. It’s the best way to push for NFC service. It’s independent from the bank and telco.”

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