Visa approves RIM’s Secure Element Manager solution for NFC mobile payments

RIM has notched up another certification on their belt. This time around is has to do with NFC (Near Field Communication) and their Secure Element Manager (SEM) has been approved by Visa. This is an important one as it adds a bit more trust to the growing, yet still skeptical, mobile payment industry in Canada. RIM, EnStream (joint venture between Rogers, Bell and TELUS) and CIBC recently partnered up to launch the “suretap” program that allows BlackBerry users to securely pay for products from their smartphone.

The full press release is below, but Frank Maduri, Senior Director, NFC Services and TSM Product Management at RIM, stated that “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. 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.”

Bring on BlackBerry 10.

Source: RIM