What problem does HCE solve for mobile payments?

25 February 2014 10,341 2 comments

This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.

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.

Related Company

Mastercard

Channels

/retail banking /security /payments

Keywords

cards innovation mobile & online banking

Comments: (2)

A Finextra member

25 February 2014

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 Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

26 February 2014

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.