Contactless Payment: Top Ten Questions
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A Survey on Contactless Payment Methods for Smartphones
Thesis no: BCS-2016-05 A survey on contactless payment methods for smartphones David Andersson Faculty of Computing Blekinge Institute of Technology SE–371 79 Karlskrona, Sweden This thesis is submitted to the Faculty of Computing at Blekinge Institute of Technology in partial fulfillment of the requirements for the degree of BSC. The thesis is equivalent to 10 weeks of full time studies. Contact Information: Author(s): David Andersson E-mail: [email protected] University advisor: Adjunct Lecturer Francisco Lopez Luro Department of Creative Technologies Faculty of Computing Internet : www.bth.se Blekinge Institute of Technology Phone : +46 455 38 50 00 SE–371 79 Karlskrona, Sweden Fax : +46 455 38 50 57 Abstract Context. The use of smartphones has increased drastically in the last years. More and more areas of use are discovered each day. One of the new fields of use is to make contactless payments with the help of a smartphone. A contactless payment system for a smartphone is a solution that will allow the user to make a payment by placing the smartphone in near proximity of the payment terminal in order to make a payment instead of using a regular credit card or cash. Objectives. The aim of this thesis is to present the current state of the smartphone systems used to conduct contactless payments, how they are implemented, possible flaws, and suggested solutions to re- move the flaws. Methods. A literature study was conducted in order to find reli- able information regarding how the systems works. Since the field of contactless payments is still new, there are several knowledge gaps re- garding how parts of the systems works. -
Smart Cards Contents
Smart cards Contents 1 Smart card 1 1.1 History ................................................ 1 1.1.1 Invention ........................................... 1 1.1.2 Carte Bleue .......................................... 2 1.1.3 EMV ............................................. 2 1.1.4 Development of contactless systems ............................. 2 1.2 Design ................................................ 2 1.2.1 Contact smart cards ..................................... 3 1.2.2 Contactless smart cards .................................... 3 1.2.3 Hybrids ............................................ 4 1.3 Applications .............................................. 4 1.3.1 Financial ........................................... 4 1.3.2 SIM .............................................. 4 1.3.3 Identification ......................................... 4 1.3.4 Public transit ......................................... 5 1.3.5 Computer security ...................................... 6 1.3.6 Schools ............................................ 6 1.3.7 Healthcare .......................................... 6 1.3.8 Other uses .......................................... 6 1.3.9 Multiple-use systems ..................................... 6 1.4 Security ................................................ 6 1.5 Benefits ................................................ 6 1.6 Problems ............................................... 7 1.7 See also ................................................ 7 1.8 Further reading ........................................... -
Mobile Payments
Mobile Payments - A study of the emerging payments ecosystem and its inhabitants while building a business case. By: Cherian Abraham Principal Analyst – Mobile Commerce & Payments Practice / Co-Founder - DROP Labs Twitter @ http://twitter.com/cherian abraham LinkedIn @ http://www.linkedin.com/in/cherianabraham For more information on this study and associated research, contact me at EXECUTIVE SUMMARY: The advent of the ubiquitous smart phone has along with it brought dramatic shifts in customer behavior and payment modalities. Banks are finding themselves in an unenviable position of choosing to wait until a secure and safe standard emerges for "Digital", or take the plunge in to these murky payment waters. There is a battle waging for the customer mind-share and emerging revenue streams, between traditional and non-traditional players - who are ever more emboldened by advances in technology and disappearing barriers to entry. The objective of this study is to build a business case for banks evaluating the opportunities and challenges present in building out mobile payment solutions, including direct and indirect revenue generation. This study paints a roadmap of current mobile payment initiatives undertaken by Financial institutions, MNO's and technology upstarts, and to highlight the risks of building payment solutions which are not centered on the payment context. This study summarizes the challenges ahead for mobile payments, including a lack of interoperability, consumer apathy and a general lack of understanding of its merits. It is targeted at financial institutions that may be making first steps, by building out their own mobile wallet initiatives or partnering with others, and seeks clarity. -
RFP for Selection of Financial Institution for Open Loop Smart Card Common City Payments System
RFP for Selection of Financial Institution for Open Loop Smart Card Common City Payments System Selection of Financial Institution for Providing Smart Card Based Eco System for Unified City Payments Including Mobility, Recreational and Amusement Areas of SMC, Municipal Bills, Utility Payments, Retail and Other Payments within Surat City PART 1 – INSTRUCTIONS TO BIDDERS SECTION AND DRAFT LICENSE AGREEMENT Invited by Surat Smart City Development Limited 115, Smart City Cell, Surat Municipal Corporation, Muglisara, Main Road, Surat – 395003, Gujarat RFP No.: SSCDL-CityPaymentCard-RFP-01-2016 Last date (deadline) for online Price Bid Submission: 15.12.2016 Last date (deadline) for Technical Bid Submission: 19.12.2016 DISCLAIMER This RFP is being issued by the Surat Smart City Development Limited (hereunder called “Authority”/“SSCDL”) for inviting tenders to shortlist Financial Institutions for providing smart card based eco system for unified city payments including mobility, recreational and amusement areas of SMC, municipal bills, utility payments, retail and other payments within Surat City. It is hereby clarified that this RFP is not an agreement and is not an offer or invitation by Authority to any party hereunder. The purpose of this RFP is to provide the Bidder(s) with information to assist in the formulation of their proposal submission. This RFP document does not purport to contain all the information Bidders may require. This RFP document may not be appropriate for all persons, and it is not possible for Authority to consider particular needs of each Bidder. Each Bidder should conduct its own investigation and analysis, and should check the accuracy, reliability and completeness of information in this RFP document and obtain independent advice from appropriate sources. -
Secured Edge Infrastructure for Contactless Payment System
Secured edge infrastructure for Contactless Payment System A case study on EV charging solution based on StarlingX Zu lijun, UnionPay Sun, Yih Leung, Intel DCG Wang Haitao, Intel IAGS/SSP Legal Notices and Disclaimers This document contains information on products, services and/or processes in development. All information provided here is subject to change without notice. Contact your Intel representative to obtain the latest forecast, schedule, specifications and roadmaps. No license (express or implied, by estoppel or otherwise) to any intellectual property rights is granted by this document. Intel disclaims all express and implied warranties, including without limitation, the implied warranties of merchantability, fitness for a particular purpose, and non-infringement, as well as any warranty arising from course of performance, course of dealing, or usage in trade. The products and services described may contain defects or errors known as errata which may cause deviations from published specifications. Current characterized errata are available on request. No product or component can be absolutely secure. Copies of documents which have an order number and are referenced in this document may be obtained by calling 1-800-548-4725 or by visiting www.intel.com/design/literature.htm. Intel technologies' features and benefits depend on system configuration and may require enabled hardware, software or service activation. Performance varies depending on system configuration. No product or component can be absolutely secure. Check with your system manufacturer or retailer or learn more at intel.com. Intel, the Intel logo, Pentium, Celeron, Atom, Core, Xeon, Movidius and others are trademarks of Intel Corporation in the U.S. -
Payment Solutions Built for Mobility
Payment Solutions Built for Mobility shift4.com | 800.265.5795 | [email protected] © 2020 Shift4 Payments, LLC. All rights reserved. Picking the Right Mobile Payment Solution for Your Business No matter what role you want mobility to play in your payment processing, you have choices from Shift4 Payments. We have put together a variety of solutions that support the latest mobile payment terminals and cover the most comprehensive set of features and implementation options. There are several supported options for ISVs and businesses that want to incorporate mobile payment processing into their offering. Below are several mobile payment solutions for your business: PAX Sleek and Modern. PAX’s line of mobile payment tablets — including their handheld A920 and A930 models — manages to pack an impressive amount of tech into its designs, including dual camera, 1D/2D scanner, and a built-in printer. These devices connect via 4G, Wi-Fi, or Bluetooth, and supports mobile acceptance of MSR, EMV, and NFC payments. ID TECH Versatile and Compact. ID TECH’s EMV Common Kernel family of devices includes OEM payment modules that are built into a variety of mobile hardware options, allowing businesses to expand their mobile payment capabilities to securely accept MSR, EMV, and NFC payments. Innowi Powerful and Portable. The ChecOut M from Innowi delivers an all-in-one mobile point of sale (mPOS) that fits in your pocket. This device supports Android and Windows OS and 4G, Wi-Fi, and Bluetooth connectivity options. Merchants of all types can accept MSR, EMV (w/chip & PIN), and NFC payments. Ingenico Advanced and Reliable. -
Axis Bank in Association with BMTC Launches India's First Open Loop EMV Contactless Smart Card for Transit in Bengaluru
Axis Bank in association with BMTC launches India’s first open loop EMV contactless smart card for transit in Bengaluru India’s first Open loop – single wallet EMV Contactless Transit Card with the objective to create a Scalable, Interoperable ecosystem for convergence of Transit & Retail Payments. Prepaid Transit Card that allows cashless commuting and enhances shopping experience Bengaluru June 14, 2016: Axis Bank, India’s third largest private sector bank has associated with Bengaluru Metropolitan Transport Corporation (BMTC) to launch ‘Axis Bank BMTC Smart card’, India’s first ever open loop EMV contactless smart card that would make travel by bus, a convenient and hassle free experience for the daily commuters in Bengaluru. This initiative is in support Ministry of Urban Development’s vision to address the need of Common Mobility Card. Axis Bank BMTC Smart Card is India’s first prepaid transit card offering integrated single wallet that supports both EMV wallet and transit functions. The card offers integrated services to the commuters by offering them cashless bus travel; and also offers shopping experience at about 1.2 Mn merchant outlets across the country, and therefore, no hassle of carrying multiple cards. Axis Bank has partnered with National Payments Corporation of India (NPCI) for this project for developing the transit EMV contactless specification on interoperable open standards. These specifications can be used by any other transit operator (Metro/Cabs/Auto) by incorporating these standards with their existing fare collection systems. This will make it more convenient for the commuters, as it would allow them to use the same card for purchasing tickets/passes & for all other daily purchase transactions The Smart Card will be issued and loaded at BMTC issuance counters such as pass counters, and Traffic and Transit Management Centres (TTMC) and various other touch points across Bengaluru For balances below Rs 10,000/-, cards would be issued by capturing the minimum mandatory requirements of the customer in the system. -
Contactless Payments Technology
22456 sm VISA A4:22456 VISA sm 6/2/08 11:28 Page A Contactless payments technology Catching the new wave Audit.Tax.Consulting.Corporate Finance. 22456 sm VISA A4:22456 VISA sm 6/2/08 11:28 Page B Contents Introduction 1 1. The size of the UK cash segment of the payments market 3 2. The benefits of contactless payments 6 3. The challenges ahead: economics, acceptance, communication 9 Summary 11 Contacts 12 Cover image is a property of Visa Europe. 22456 sm VISA A4:22456 VISA sm 6/2/08 11:28 Page 1 Contactless payments technology Catching the new wave Introduction Despite all the technological developments and new payment Contactless payment cards and readers were launched by a number methods introduced over the last 30 years, cash is still the preferred of banks in London in September 2007, with a view to then rolling payment instrument for everyday, low-value purchases. However, them out nationwide as quickly as possible. To assist in from society’s point of view, it is also amongst the most expensive understanding the overall market opportunity for this technology, payment instruments to operate. A 2003 study authorised by the and to raise awareness amongst all stakeholders, Visa commissioned European Payments Council estimated the total cost of cash Deloitte to undertake a study of the UK’s low-value payments handling to society at €50bn per annum for the EUi . This is market during May and June 2007. equivalent to approximately 0.5% of aggregate EU GDPii , or €108 per annum for every citizeniii . -
Maturity of Smart Card Chip Technology and Its Application to Web Security Cathy Medich, Sree Swaminathan, Kelly Urban, Siva Narendra Smart Card Alliance 1
Maturity of Smart Card Chip Technology and Its Application to Web Security Cathy Medich, Sree Swaminathan, Kelly Urban, Siva Narendra Smart Card Alliance 1. Abstract This position paper provides an overview of smart card secure element chip technology, the markets and applications that use smart card chip technology, the security provided by smart card technology, and the standards that are used to support smart card applications. Contrary to some beliefs, smart card silicon is a highly standardized piece of security hardware that is widely available in the market, and is already in use globally in payments, identity (e.g., e-passports, government employee ID) and access control applications. The scale and standardization of secure smart card technology bring the most obvious core security component that should be integrated into the next generation of unified web security standards. 2. Smart Card Chip Technology Overview A smart card chip is an integrated circuit that includes an embedded secure microcontroller and supports the ISO/IEC 7816 standard for direct physical contact and/or the ISO/IEC 14443 standard for a remote contactless radio frequency interface. With a secure microcontroller, smart cards have the unique ability to store large amounts of data, carry out their own on-card functions (e.g., encryption and mutual authentication) and interact intelligently with computers, mobile phones, and other readers. Smart card technology conforms to international standards and industry specifications also govern the use of smart card technology for various applications. The term, "smart card," is something of misnomer. While the plastic card was the initial smart card form factor, smart card technology is now available in a wide variety of form factors, including plastic cards, key fobs, subscriber identification modules (SIMs) used in mobile phones, watches, electronic passports and USB-based tokens. -
Download Apps from the Play Store and Use Touchscreen Display That’S Sunlight-Readable Maps
NEW! NAUTIZ X41 NAUTIZ X2 NAUTIZ X6 SECOND TO NONE RUGGED MOBILITY OPTIMIZED ULTRA-RUGGED ANDROID PHABLET The Nautiz X41 is a rugged scanning The Nautiz X2 is a true all-in-one: a computer, The Nautiz X6® ultra-rugged Android phablet powerhouse with a physical 23-key keypad. a scanner, a camera and an Android phone. brings the best of a rugged phone and Running Android, it comes with WLAN, BT, It runs on a powerful processor and has a a conventional tablet in a single device. 4G/LTE and NFC, an 8-megapixel camera, high-quality, high-speed 1D/2D scanner with It has the large-screen functionality of a generous storage and integrated GPS. GMS three dedicated scan buttons. tablet, with the work-anywhere ruggedness certification means full access to all Google Google GMS certified allows you to of a handheld. Enjoy an expansive 6-inch apps, including the Play store and Google download apps from the Play Store and use touchscreen display that’s sunlight-readable Maps. Google Maps. and protected by super-hardened Gorilla Glass. An integrated high-speed 1D barcode The integrated 4G capabilities for voice and scanner or 2D imager with high density data transfer, paired with the long range This winning combination is fully dust- and optics offers fast order picking, error-free barcode scanner provides a unique solution waterproof, yet lightweight and slim, making work orders and smooth shipping and for outdoor use. it a perfect ultra-rugged phablet to bring receiving. anywhere — whether you are in utilities, foodservice, field service, GIS, warehousing, or logistics. -
Add Your Debit Card to Your Smartphone for Contactless Payment
Our lobbies our now open and we request you practice all the social distancing protocols set out by the local Health Departments, State of Kentucky and Center for Disease Control (CDC). Our Grayson Branch lobby remains closed but customers can request an appointment for entry. We encourage everyone to use our digital services for self-service banking and around the clock account access. Please visit our website at www.fnbgrayson.com for online enrollment. If you need assistance in signing up for any of our digital services, like online & mobile banking, our employees will be happy to walk you thru the process. We are here to serve you! We appreciate you and your patience during this critical time. First National Bank will continue to monitor this situation and update you as things progress. Stay Connected! Online & Mobile Banking with Remote Deposit Capture provides 24/7 access to your personal and business accounts. You can check balances, view transactions, make payments, deposit checks, make transfers, and find an ATM and more. Go to www.fnbgrayson.com to apply then download our app from the Apple App Store, Google Play, and Amazon Apps or for non-smart phone users go to www.fnbgrayson.mobi Mobile Wallet- Add your debit card to your smartphone for contactless payment CARDVALET allows you to manage your First National Bank Debit card anywhere and anytime. It can be downloaded from any of the app stores for FREE. CardValet allows you to turn your card on/off, set up instant alerts each time the card is used, restrict card activity, and more. -
Unlocking the Smart Card
Episode Four: Unlocking the Smart Card This is an excerpt from Unlocked — an ASSA ABLOY podcast series on campus security. Unlocked explores the security issues and challenges that colleges and universities face as they strive to create a safe and secure learning environment. Visit intelligentopenings.com/unlocked to hear more. How We Got Smart Before diving into the current broken cards and physical wear on the credential technologies, it helps to readers. Prox solved these problems. understand where we came from. Lower maintenance costs, increased In 1960, a young engineer from IBM user convenience, and new options named Forrest Parry invented the for form factors like fobs made the magnetic stripe card. Once prox card a winner. But the low- ubiquitous on campus doors, more frequency proximity technology is reliable and secure technologies not without its limitations. are quickly eclipsing the mag stripe. Mag stripe cards are simple. A card gets swiped in a reader. That reader then reads a sequence of numbers Outside of higher stored on the stripe of that card. education and If the number matches what’s stored in the access system’s older hotels, hardly Whether installing a new door access database, the door unlocks. system for your campus or upgrading from a legacy system you have a lot of Many campuses still use the mag anyone still uses decisions to make. stripe card for their door access. This is mainly because the cards are mag stripe cards You first must choose the right access inexpensive, the cost to replace the software and locking hardware.