Security Payment Interpretation of China Mobile Payment
In order to promote communication and cooperation in mobile payment industry and to promote fast development of the industry, China Institute of Communications hosted the fifth China Mobile Payment Industry Summit 2013 on the 18th and 19th of April in Beijing. As an authoritative platform for communication and demonstration in mobile payment industry in China, the Summit involves all links in the industrial chain and leads the development of mobile payment in China.
As a mobile payment security provider,Century Longmai attended the summit and discussed with practitioners in the industry on the topic of “Security payment is the key to future development of Mobile Payment Industry“.
As an emerging manner of electronic payment, mobile payment has incomparable advantages, but the security concerns in it also attracted public attentions. Since currently the mobile payment is realized be tween the user and merchant on basis of the bank card or credit card bound to the mobile telephone number or is realized in short distance between the SIM card and the POS, activities such as decryption,information duplication and virus may cause significant loss in mobile payment.Therefore, it deserves our attentions on the security of mobile payment and we must solve the issue by technical means.
Current Situation
Mobile payment has been generally accepted in the industry as the future trend, which not only completely changes the manner and pattern of payment but also promotes the changes of people’s custom and lifestyle, so that a hundreds of billion-level blue-ocean market has been created.
Century Longmai Solution Approach
mToken, a third generation key product developed by Longmai may be used on intelligent mobile terminals supports Bluetooth and USB ports, providing security authentication and communication encryption, which are specialized to solve the security issues in mobile payment. At the same time,it can also be applied on personal computers and embedded computers, providing users with authentication, user identification and information encryption services.
As a professional information security supplier, Longmai is dedicated to the formation of industrial ecological system for mobile payment on China.
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About Century Longmai
Established in 2003, Century Longmai Technology Co., Ltd is one of the most leading information security device vendors in China with over 10 years experience developing latest generation of digital security solutions and products are widely used by mobile network operators, financial institutions, Governments, Retailers, Transport authorities, software developers and system integrators.
We help our customers enjoy secure information access and transmission across the world with latest generation of digital security solutions and products like PKI dongles, wireless PKI tokens, OTP tokens, smart card, smart card readers, electronic document protection solution, software license dongles and OEM services. Proved to be secure and convenient, our solutions and products are dedicated to help customers build safe, efficient and sustainable network; financial systems and enjoy secure access to data and information.
