IDEMIA, G+D and NXP Launch WLA to Offer Smart Card and Online Payment Firms an Independent Contactless Payment Standard
Summary
MUNICH, Germany--(BUSINESS WIRE)--The White Label Alliance (WLA) was formed in response to increasing global demand for next-generation, independent payment solutions. With an aim to accelerate technology adoption and shorten time-to-market, WLA has signed a license deal with JCB, a leading global payment scheme. We all work together to create a truly independent solution, based on tried and tested technology, with rapid time to market for domestic payment networks, transport operators, private schemes and retailers. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the automotive, industrial & IoT, mobile, and communication infrastructure markets. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base.
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