February 02, 2015

 

New demonstrator enables faster design time for mobile payment solutions

 

Eindhoven, Netherlands, February 2, 2015 - NXP Semiconductors N.V. (NASDAQ:NXPI), Creditcall and ViewAt Technology Co today announced the launch of a complete hardware and software reference demonstrator for secure near field communication (NFC) enabled mobile point of sale (mPoS) solutions. The demonstrator provides a universal solution for all payment technologies – covering both cards and mobile payments – and is pre-validated for international EMVCo and Payment Card Industry (PCI) standards. The demonstrator also conforms to the People’s Bank of China (PBOC) specification for financial transactions, enabling secure transactions in small local retailers, for local service businesses or for delivery-based merchants, such as taxi drivers or food delivery services. The mPOS demonstrator provides a full payment terminal experience to small merchants resulting in shorter queues and reduced waiting time to pay. By equipping store staff with mPOS devices merchants will now also be able to create multiple points-of-payment in their stores maximizing the opportunity to sell.

 

The reference module offers NFC payment functionality in an mPOS system, enabling system designers to incorporate the technology into future payment terminals, devices and infrastructures. According to ABI research, the installed base of mobile point-of-sale systems will grow from 1.4 million units in 2012 to around 51 million units in 2019. Recent market developments indicate that the use of NFC technology for secure payments will further increase as NFC payment card functionality becomes increasingly integrated in mobile devices.

 

“As mobile payments become ubiquitous we will start to see new markets and applications flourish. New use-cases will be created and the simplicity of mobile payments will become part of our everyday lives. Our new module helps designers that are not yet familiar with mobile payment technologies get a head start in their development cycle and push the boundaries of innovation,” said Paul Hubmer, general manager NFC reader solutions, NXP Semiconductors.

 

“We are pleased to be working with NXP to develop this new innovative mPOS reference demonstrator, as the evolution of the global payments industry continues to create a wealth of opportunities for consumers and business across the world,” said Jeremy Gumbley, CTO, Creditcall. “Creditcall develops EMV solutions that enable companies to future-proof their business with the ability to embrace new technologies and innovative products in a simple and secure way. The combination of tested hardware and Creditcall’s proven track record of secure EMV kernel technology will ensure mobile payments stay within reach of all retailers.”

 

The mPOS demonstrator incorporates all the necessary hardware and software modules needed to create a mobile point-of-sale. ViewAt Technology developed the hardware for the mPOS module which can be licensed as a white label mPOS device to end customers. The PCI certificate included with the demonstrator can be reused by customers thus simplifying the final certification process. Creditcall, a globally leading supplier of EMV payment terminal SW kernels, is providing its knowledge and expertise to support the EMVL2 contact and contactless kernels needed by customers for the mPOS module. The end customer will license the EMVL2 kernel directly from Creditcall. This comprehensive solution enables system integrators to bring NFC payment applications to market faster, saving over six months design time and simplifying the final certification process. The mPOS solution will be demonstrated on the NXP booth (14) at the Smart Card Alliance’s 2015 Payments Summit, February 3-5, Park City, Utah.

 

About NXP Semiconductors

 

NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable secure connections for a smarter world. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the automotive, identification and mobile industries, and in application areas including wireless infrastructure, lighting, healthcare, industrial, consumer tech and computing. NXP has operations in more than 25 countries, and posted revenue of $4.82 billion in 2013. Find out more at www.nxp.com.

 

About Creditcall

 

Creditcall makes card acceptance simple from any device, anywhere. Whether attended, unattended, online or mobile payments, our award-winning EMV-ready payment gateway and EMV Migration solutions have been tried and tested for over 15 years and are at the very heart of our clients’ businesses, ensuring payments flow – all day, every day. Founded in 1996, Creditcall is a global business with offices in North America and Europe.

 

To learn more, visit us at www.creditcall.com or engage with us on Twitter @Creditcall.

 

Creditcall – The Heart of Payments.

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