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What problem does HCE solve for mobile payments?

James Anderson, group head emerging payments, MasterCard Worldwide and Albert Figueras Moreno, credit cards and consumer finance manager, Banco Sabadell discuss Host Card Emulation and the future of mobile payments.

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Related Companies

Mastercard

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Retail banking Security Payments

Keywords

Cards Innovation Mobile & online banking

Comments: (2)

A Finextra member
A Finextra member 25 February, 2014, 11:53Be the first to give this comment the thumbs up 0 likes

Solves a way around the telco companies, effectively trying to remove them from the payments picture...As for value to us consumers...Nothing, doesnt solve a thing

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Bo Harald
Bo Harald - Transmeri, Demos, Real Time Economy Program,MyData - Helsinki Region 26 February, 2014, 18:14Be the first to give this comment the thumbs up 0 likes

Solves a very important problem by providing an alternative security element. This should make banks more active and they should give customers the choice with transparent pricing. SIM may well win then.

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