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NXP's NFC sol'n promises secure online payments

Posted: 21 Nov 2013 ?? ?Print Version ?Bookmark and Share

Keywords:NXP Semiconductors? online payment? NFC? radio controller? Intel?

NXP Semiconductors N.V. has revealed that the PN544PC, a derivative of a widely adopted NFC radio controller (PN544), is being integrated into select computing devices. Intel's 4th Generation Core platform with Intel Identity Protection Technology (Intel IPT) together with the embedded NXP NFC solution will provide a basis for secure and convenient e-commerce transactions, the company indicated.

This feature will let online shoppers using MasterPass, the digital service from MasterCard, pay by simply tapping their MasterCard contactless card or NFC-enabled mobile phone against the built-in NFC reader and securely complete the transaction with positive identity authentication via Intel Identity Protection Technology.

Intel co-specified NXP's PN544PC to capitalize on the expanding e-commerce opportunities and, through close collaboration with MasterCard have powered a convenient and versatile solution for e- and m-commerce. Use of the solution with MasterPass provides additional security safeguards for online purchases. Chip-enabled, or contactless, credit cards have already significantly reduced fraud in card present or face-to-face transactions. Now, Intel IPT provides additional layers of security and identity authentication on top of those already provided by MasterPass ensuring that the NFC-enabled contactless card based transactions for online shopping are fast, simple and protected.

NXP's NFC solutions continue to grow the NFC ecosystem with mobile phones, tablets, notebooks and now, Ultrabooks 2-in-1 and All-In-One PCs. NFC-enabled Intel based computing devices are now available from major computing device manufacturers.





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