A standalone product for making NFC payments is set to deliver full Near Field Communication (NFC) experience to mobile banking customers worldwide. Inside Contactless, Sagem Orga (Safran Group) and TazTag have announced the joint development of a new method of delivering NFC payment functionality.
Based on TazTag's innovative TazCard, the new device is currently in pre-alpha testing and shows the feasibility for an option that facilitates NFC contactless payment transactions while providing full NFC functionality for other applications as well.
“Today's announcement marks a milestone in the development of commercial products for NFC payments and other NFC applications, and demonstrates the flexibility of our TazCard NFC platform," said Eric Fouchard, CEO of TazTag. "TazTag is excited to be partnering with technology leaders like Inside Contactless and Sagem Orga to develop a variety of innovative solutions based on our TazCard platform."
About the size of an ordinary credit card, the TazCard is a special-purpose, Java-based handheld device capable of supporting a variety of NFC applications, including payments. For this new payment device, Inside Contactless' Java-based test payment application has been installed on a Single Wire Protocol (SWP)-enabled SIM card developed by Sagem Orga, which is connected to the Inside Contactless MicroRead NFC controller built into the TazCard. The TazCard also utilises Inside Contactless’ Open NFC protocol stack. With its 3.5-inch color touch screen, the TazCard is able to provide the user with a full NFC experience for payment and other NFC transactions.
For Sagem Orga, the TazCard is part of the strategy to kick-start the NFC market with intelligent bridge solutions. This SIM-based, SWP-compliant solution can be used for payment, identification, ticketing, loyalty and more. Through an accessory, it can be connected to MNO networks.
"Our partnership with TazTag is part of an ongoing commitment to support companies creating innovative NFC solutions based on the MicroRead platform," said Charles Walton, Executive Vice-President and Chief Marketing Officer for Inside Contactless. "It also demonstrates the versatility of our Open NFC protocol stack to support a variety of innovative NFC-based products for consumers." Inside Contactless’ third-generation MicroRead NFC chip provides the what it describes as the “most mature NFC implementation.” The MicroRead suite combines third-generation silicon, multiple host interface support, the Open NFC protocol stack and APIs, a field-proven reference design and robust standards support.
* TazTag creates and provides secured contactless solutions based on NFC and Zigbee. Its core activity is the creation of new, highly secured, multi-application contactless products such as the TazCard, TazBox and TazKiosk. The Java Development Framework supporting these products allows customers to easily harness the full potential of NFC and Zigbee to create new services, differentiate their offerings, generate new revenue streams and increase customer satisfaction.
** Sagem Orga’s portfolio includes hardware, software, consulting and services, all focused on smart cards for the telecommunications, health, identification and banking sectors. As a subsidiary of Sagem SŽcuritŽ (Safran group), Sagem Orga offers comprehensive integrated solutions designed to secure the digital and mobile community. The company has a workforce of over 2,100 people around the world and production facilities incorporating the latest technology in Germany, Brazil, Russia, Mexico and India.
*** Inside Contactless has delivered more than 350 million contactless platforms worldwide, and its contactless payment and (NFC) solutions are designed to power the next generation of payment, transit, identity and access control applications. Inside Contactless is headquartered in Aix-en-Provence, France, with offices in Paris, Shanghai, Singapore, Warsaw, Seoul and San Francisco.