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

  • Cubic launches Umo platform in Bloomington
    November 18, 2024
    'Umo protects our riders from overpaying in the long run,' says transit agency
    Read More
  • Success of London’s contactless payments
    September 19, 2014
    More than 128,000 taps using contactless payment cards and devices have been made since Transport for London (TfL) launched the new option to pay across the London transport network on 16 September. The first day saw contactless used at more than 600 train stations across the Tube, DLR, Overground and National Rail stations that accept Oyster. Contactless payments have been available on the bus network since December 2012. This week has seen a further significant rise in the number of taps on buses w
    Read More
  • TagMaster deployed at port installation in South Africa
    April 17, 2012
    TagMaster has announced that the port of Durban DCT has selected its CombiTag Classic RFID tags that combine short range identification based on proximity technology by HID Global and long range identification technology by TagMaster, in the latest in a number of deployments made by TagMaster partner Camco Technologies at Durban Pier1 and Port Elizabeth.
    Read More
  • Morpho highlights secure pauments and biometrics data
    November 19, 2013
    Morpho (Safran) is focusing on “the art of digital security” at CARTES 2013 showing visitors how its “latest solutions transform personal data” into high-tech, secure and fully protected pieces of information that can be “used in our customers’ businesses”. The Morpho (Safran) stand is highlighting the company’s latest ideas on how to make payment and biometrics data secure and easy to use; on fast, convenient and multi-functional transport and ticketing; on the best way to make eBanking and online shoppi
    Read More

Highlighted Content