Postbank trials HCE mobile payments

Germany's Postbank is to run an internal pilot of an NFC mobile payments app operating in a Host Card Emulation environment.

  9 Be the first to comment

Postbank trials HCE mobile payments

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Postbank employees participating in the project will be able to use their Android smartphones at the checkout to make contactless payments with a tap of their phone at the cash register.

The technology, supplied by Worldline, includes the use of digital tokens and one-time keys to protect customer card data.

Wolf Kunisch, managing director for financial processing & software licensing at Worldline says: "The total market share of Android systems is approximately 82 percent of the smartphone market. With Worldline NFC Mobile Payments we offer banks a payment function they can provide their customers, with no need for a hardware Secure Element partner.”

Sponsored [New Report] Managing Fraud Risks with Synthetic Data: A Practical Approach for Businesses Services Industry

Comments: (0)

[On-Demand Webinar] Exploring the ethics of AI in bankingFinextra Promoted[On-Demand Webinar] Exploring the ethics of AI in banking