Totally agree with both of you. And I also totally agree that the young generation will use the phone as a payment device, or a card replacement. I am just always believing, that someone will creat a new payment method. But this will not happen as Harin explains. Tech companies don't want yo become financial institutions and bank don't want tech companies in the payment business.
27 Sep 2014 08:58 Read comment
Very good article. There are many countries in Europe that also have a perfect infrastructure for HCE based transactions. Especially Switzerland. I believe that HCE needs tokenization to unfold it's potential. But HCE is definitely good stuff for the payment industry. Cheers.
10 Sep 2014 09:09 Read comment
I think HCE could have the potential to be a total game changer. Banks do not like to be dependent on Telco, therefore the whole NFC mobile payment got stuck. Nothing is happening, besides some small trial phases. HCE now enables banks to cook their own soup, without any help of the Telco’s. That puts the banks back into business and they can control the whole value chain. Unfortunately, HCE is only available on Android 4.4 and higher phones. However, I hope this will change and all phone manufacturer will incorporate HCE. Then HCE could really be a game changer.
25 Mar 2014 07:38 Read comment
I think this is good news and hope that other smart phone manufaturer also start to support this technology. This could be a major game changer in the "wallet business". And anyway, SE (Secure Element) will still be supported.
25 Mar 2014 07:37 Read comment
Jean-Stephane GourevitchCEO at Mobile Convergence Ecosystems Ltd.
Ian HendersonCEO at Kyckr
Mike ElliffCEO at Tyl by NatWest
Mindaugas MikalajūnasCEO at smeGo
Keith LauCEO at iBonus Limited
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