The days of wallets being crammed with loyalty, bank and business card might soon be coming to an end. In fact, wallets themselves could well be headed for obsolecence if Semble has anything to do with it. The company has already been facilitating contactless mobile phone payments across the country, and it has now announced that it’s expanding into public transport. The expansion is part of Semble’s plan to become a one-stop mobile shop for every card in a person’s physical wallet, chief executive Rob Ellis says.
At a launch event held last night at Auckland’s Snapdragon Bar, TSM NZ chief executive Rob Ellis unveiled a new mobile wallet brand, bringing fruition to a plan that was first announced over a year ago. As part of the launch, Ellis also said that the collaboration between the shareholders 2degrees, Spark, Vodafone, Paymark and banking partners ASB and BNZ would no longer be known as the TSM but rather as Semble. The main principle underpinning the Semble system is that it aims to remove the need for cards by facilitating a contactless payment system through the user’s mobile phone.