Near Field Communications Handsets and Tags, NFC Pilots and Projects

Tyfone completes testing secure memory card for contactless payments/NFC rollout

Monday, January 12, 2009

Portland, Ore.-based Tyfone, a provider of a mobile financial services infrastructure, says it has completed the testing phase of its u4ia Secure Memory Card technology designed to secure contactless mobile payments.

The company also announced joint system testing with its manufacturing partner, NXP Semiconductors. Tyfone believes this could also accelerate the global rollout and adoption of mobile payments.

Tyfone’s u4ia SMC is a memory card-based mobile contactless payments solution with an integrated NFC chipset, controller and antenna. The technology operates in any secure digital memory card slot, in any form factor, i.e., micro, mini, regular.

Tyfone anticipates a number of partnerships, market trials and/or full deployments will result from these tests. Tyfone’s u4ia SMC works in hundreds of millions of phones worldwide and eliminates the requirement for carriers to invest in multiple related technologies, including SIM, single wire protocol and NFC handsets.

Tyfone is currently scheduling market trials around the world with mobile operators, financial institutions, and closed-loop fare management providers. [end] 

Related Articles
Coles moves forward on contactless rollout for 2012

Sticking to its plan for a contactless rollout in 2012, Australian retailer Coles has selected Ingenico to provide its Ingenico iPP350 contactless payment terminals.

According to finextra.com, the Aussie retailer first piloted the technology in September 2011, and has since decided to expand. All business groups will deploy the new iPP350 across 24,000 lanes within the next few months, making the retailer one of the first in Australia to offer the contactless payment option.

read more »
Collis debuts Visa Mobile Payment Specification Test Suite

Collis has announced the launch of its Visa Mobile Payment Specification (VMCPS) Test Suite, enabling the functional testing of UICC or secure element-based contactless mobile payments applications.

read more »
Tyfone to launch NFC payments in China

Tyfone has signed a deal with AboMem Technology Corp., a memory products manufacturer from Taiwan, to bring Tyfone’s SideTap microSD NFC solution to the People’s Republic of China.

read more »
Superdrug launches contactless payment at more than 50 stores

Superdrug, one of Britain’s largest beauty and health retailers, has introduced contactless payment for its in-store customers, according to Retail Gazette.

Created by Streamline and Visa Europe, the contactless system will enable customers to make payments of up to £15 (approx. USD $23) by simply waving their contactless bank card at the more than 50 participating Superdrug stores in London and Liverpool.

read more »
OnPoint CU debuts Tyfone mobile gift card service

OnPoint Community Credit Union, an Oregon-based institution, has announced the launch of Tyfone’s iCashé Mobile Wallet program.

The new service enables OnPoint’s 226,000 members to buy gift cards over a mobile phone and send them to others via SMS or email. Gift card recipients can use their cards in-store or online via their smart phone or with a printed copy of the confirmation email.

read more »
Tyfone debuts iCashe mobile wallet

Tyfone has announced the launch of iCashe, a new mobile wallet and eCommerce engine that blends mobile banking features with consumer purchasing, gifting and loyalty programs.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.