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Pre-Blackberry 10 Launch – VISA Approves RIM's Mobile Payment Solution

VisaWe are days away from the big launch, the day that will go down as a historical moment in Research In Motion as they officially show the world the new Blackberry 10 device.  Team Blackberry has been hard at work getting their house in order which includes preparing the platform for mobile payments and Visa has given them a much needed nod of approval.  RIM’s Secure Element Manager (SEM) solution for NFC (Near Field Communication) mobile payments has been approved by Visa.

“The approval from Visa of RIM’s SEM solution is an important step in that it will enable carriers to support Visa issuing banks and financial institutions,” said Frank Maduri, Senior Director, NFC Services and TSM Product Management at RIM. “We now offer carriers a robust solution with around-the-clock global support that works on any NFC-capable device, and meets the stringent technology and usability guidelines for Visa.”

Good news for the crew down in Waterloo, and we’re sure that CIBC and Rogers are also happy to hear this announcement.