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Jade cloudpay solution provides MasterCard tokens for issuing institutions' e-wallets

as digital payment becomes more and more common around the world, MasterCard International continues to work with its partners to establish a more connected and secure business ecosystem. At the world mobile communication conference held today, MasterCard International and jade (GD) announced a cooperation to combine MasterCard digital support services (MDes) with Jade's convego cloudpay solution, so that card issuers can work closely with jade to provide industry standard voucher technology for their HCE wallets. Thus, consumers can directly use the digital payment method provided by their card issuers. As a professional provider of mobile payment services, Jiede company has become the first third-party company to provide MDes voucher services to card issuing banks

Edgar salib, senior vice president of the financial institutions division of jade, said: this combined solution of MasterCard and jade benefits all MasterCard issuing banks. Our cooperation with MasterCard International enables us to provide the security and guarantee of MasterCard digital credentials while meeting the needs of payment credentials configuration and management of issuers. As a global service, we can provide services to card issuing banks that want to carry out their own digital wallet business in all countries that support MDes

MasterCard card can be used for 20000 km 4-lane highway, which makes the wedge-shaped slope collapse or wear. International organizations have laid the foundation for safe mobile digital transactions, so that consumers can use their bank cards anytime, anywhere and at will. Through convego cloudpay solution with MDes interface, Jiede company cooperates with issuers to provide a seamless and secure mobile payment experience on Contactless sales terminals. This is achieved by providing a set of mobile device payment voucher configuration process and subsequent lifecycle management services. MasterCard cardholders will be able to use their credit cards, debit cards, some prepaid cards and small business cards to make payments conveniently and safely in the store. For consumers and merchants, every time they pay with a MasterCard, using the wallet of the issuer that supports the convego cloudpay solution will get a safer and more convenient guarantee

Sherri haymond, senior vice president of MasterCard digital payment department, said: we are happy to cooperate with industry leaders such as jade to provide new payment options for our issuers and cardholders around the world. For many years, we have been the pioneer of mobile commerce innovation. This time, we have worked with Jiede company to launch a simple and safe digital payment experience by using industry standard voucher technology

Jiede group was founded in 1852, and its headquarters are located in Munich, Germany. The group has 11450 employees, with sales of 1.83 billion euros in fiscal 2014, and has established 58 subsidiaries and joint ventures in 31 countries around the world, with more than 7500 patents. In 1994, the mobile security division of Jiede Group officially entered the Chinese market. After more than 20 years of development, Jiede China has become the strategic Asia Pacific operation center of Jiede group, the largest card body manufacturing center and software and hardware R & D center. So far, the company has invested more than US $62 million in China. It has set up modern chemical plants in Shanghai, Huangshi in Hubei Province, Nanchang in Jiangxi Province and other places, with a total area of more than 60000m2. In the card year, it will restart the mechanical and electrical conditioning of the lower jaw, with an average production capacity of 600million pieces. The number of employees is more than 1700, and it has branches and offices in more than a dozen cities such as Beijing, Shanghai, Hangzhou, Guangzhou, for sales The technical support network covers the whole country and the Asia Pacific region, with customers in all important industries, providing more than 4 billion cards and related system services for the banking, public transportation, rail transit, social security, health, communications, petroleum and petrochemical, electronic equipment and other industries

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