Mobile payment and transit trial underway in Taiwan

Taiwanese Cathay United Bank has launched a trial for mobile payments and transit in Taipei. The project enables bank customers to use their mobile phones to make contactless payments at local stores and to access the Taipei public transit system. The NFC-capable microSD cards used as a secure element in this project are supplied by Giesecke & Devrient Secure Flash Solutions. The mobile security card SWP microSD card is the first in Taiwan that is compliant with MasterCard PayPass standards. This card has b
August 1, 2012 Read time: 2 mins
Taiwanese Cathay United Bank has launched a trial for mobile payments and transit in Taipei. The project enables bank customers to use their mobile phones to make contactless payments at local stores and to access the Taipei public transit system. The NFC-capable microSD cards used as a secure element in this project are supplied by Giesecke & Devrient Secure Flash Solutions. The mobile security card SWP microSD card is the first in Taiwan that is compliant with MasterCard PayPass standards. This card has been approved for this trial project, which allows users to pay at popular local convenience and department stores by simply tapping their 3876 HTC phone on a specially equipped merchant terminal.

Additionally, the Mobile Security Card SWP has been approved by v Corporation to be used as a contactless ‘EasyCard’, the popular contactless transit card for the Taipei Metro (MRT) and buses. As an alternative to topping up the card’s balance with banknotes, there is an auto top-up feature which allows the card’s balance to be topped up via MasterCard’s credit card functionality, so no cash is needed. Pre-charged fares are deducted automatically from the card when the HTC NFC phone with Mobile Security Card SWP is passed over the EasyCard sensor on fare gates, aboard buses or in merchant stores.

For more information on companies in this article

HTC

Related Content

  • ‘Wave and pay’ parking
    July 17, 2012
    APT SkiData has further extended the ‘wave and pay’ capabilities of its parking solutions with the new Artema EMV Level 2 contactless payment module as an integral part of its latest payment devices. Sited conveniently below the ‘traditional’ magnetic strip reader, the reader accepts a number of different contactless payment types in unattended environments, including Visa payWave and MasterCard PayPass cards.
    Read More
  • Conduent continues New Jersey contactless upgrade
    April 17, 2024
    Company also recently supplied contactless payment options on transit in Pennsylvania
    Read More
  • Siemens wins top ticketing award
    February 21, 2013
    Siemens’ dual function smart card has been awarded the MasterCard Transport Ticketing Award 2013 in the category ‘Ticketing technology of the year’ at the recent Transport Ticketing Conference in London. The award marks Siemens UK launch of integrated mobility and eTicketing, part of the company’s expanding portfolio of ITS and city solutions. According to the company’s business development manager, Andy Gill, electronic ticketing from Siemens makes it easier for people to switch between different means of
    Read More
  • TfL ‘fastest growing contactless merchant in Europe’
    March 17, 2015
    Transport for London (TfL) claims to be the fastest growing contactless Visa merchant in Europe and the UK for Mastercard and American Express just six months after it was launched on London Underground, tram, DLR, London Overground, buses and most National Rail services in London. The world leading technology is now being used by millions of customers, providing them with easier and more convenient journeys. Customers using contactless pay the same adult-rate pay as you go fare as Oyster and benefit from h
    Read More

Highlighted Content