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

  • Tuscany sees renaissance in account-based ticketing
    May 16, 2024
    Kuba introduces TipTap system on buses across region and on trams in Florence
    Read More
  • Oney flashes its mobile wallet solution at CARTES 2013
    November 20, 2013
    Oney Banque Accord, the banking arm of French supermarket chain Auchan, has been showing off Flash ‘N Pay, its innovative QR code-based mobile wallet solution at the CARTES 2013 Smart Shopping Zone.
    Read More
  • First e-ticketing contract in France for Hoeft & Wessel
    September 11, 2012
    German headquartered Hoeft & Wessel has received an order for the Almex e-ticketing system from French bus company Les Cars Air France, operated by Aérolis, a joint subsidiary of Keolis and Air France, to be installed on buses operating between Paris Charles-de-Gaulle and Paris Orly and the city of Paris. The order, the first in France for Hoeft & Wessel, comprises a total of 55 on-board ticket vending terminals with ticket printers, together with application software and integration into the back-office sy
    Read More
  • Cubic Technology to upgrade Los Angeles Metro ticketing system
    October 30, 2014
    Cubic Transportation Systems is to upgrade the Los Angeles County Metropolitan Transportation Authority (Metro) TAP universal fare collection system to provide a Payment Application Data Security Standard (PA DSS) certified application as well as extensive system-wide hardware and software upgrades. The US$9 million contract is an add-on to the original Universal Fare System (UFS) awarded to Cubic in 2002 to deliver the TAP system. The initiative will support new payment applications and Metro's resulti
    Read More

Highlighted Content