Tenders are due tomorrow from vendors in response to a request for proposal for Taiwan’s second planned centralized trusted service management platform–this one from Taiwanese banking groups, which formed a mobile-payments joint venture late last month.
The groups are going ahead with plans for the service-provider TSM platform despite prospects for a fragmented NFC ecosystem in Taiwan and host-card emulation on the horizon.
The groups, Taiwan’s largest credit card processor and acquirer, NCCC; ATM and interbank group, FISC; and payments clearing house, TWNCH; formed the joint venture, Taiwan Mobile Payment Co. Ltd., with each owning up to 15% of the company. They are soliciting investment from banks for the rest.