TSM (Trusted Services Manager)

In 2013, telecommunication providers 2 Degrees, Spark and Vodafone formed a joint venture partnership with Paymark to form a TSM (Trusted Services Manager). TSM is the infrastructure that sits between service providers (e.g. banks, loyalty providers, merchants) and your mobile phone provider. It will provide the infrastructure to enable you to use those applications to make credit card payments using your mobile phone.