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

  • Will mobile apps kick-start mobility pricing?
    January 5, 2016
    Thomas Hallauer from Ptolemus believes trials of connected road charging services will show the pay per mile concept will go much further than previously thought. Drivers are progressively becoming directly connected to the transport infrastructure and while the methods are changing, the innovation is really in the models rather than the technology.
    Read More
  • Cubic and TfL launch mobile ticketing app for Oyster card customers
    September 8, 2017
    Cubic Transportation Systems (CTS) and Transport for London (TfL) have launched of the TfL mobile ticketing app for Oyster card users in London, England. The mobile app – Designed by TfL and developed by Cubic, the app allow Oyster card customers to manage travel fares and payments, top up cards and view journey history on the go via Android or Apple iOS devices. A range of travel products, including pay-as-you-go, weekly, monthly or annual travel, can be bought using the app and then added to custome
    Read More
  • Cubic and TfL launch mobile ticketing app for Oyster card customers
    September 8, 2017
    Cubic Transportation Systems (CTS) and Transport for London (TfL) have launched of the TfL mobile ticketing app for Oyster card users in London, England. The mobile app – Designed by TfL and developed by Cubic, the app allow Oyster card customers to manage travel fares and payments, top up cards and view journey history on the go via Android or Apple iOS devices. A range of travel products, including pay-as-you-go, weekly, monthly or annual travel, can be bought using the app and then added to custome
    Read More
  • Mobile payment terminal
    April 25, 2012
    iDynamoEMV, introduced by MagTek, is a secure EMV Chip + PIN mobile payment device that turns a smart phone or tablet into a secure mobile payment system. Certified to the latest PCI PTS 3.1 specification, the device, which allows acceptance of credit or debit card payments anywhere, supports magnetic card reading and EMV Chip & PIN, with optional contactless card reading. It connects to Apple devices via the Apple connector and is supplied with a range of brackets to fit all Apples devices including iPod
    Read More

Highlighted Content