NXP says it is 'Google Wallet' chip supplier
May 30, 2011 // Peter Clarke
As Google launched its 'Google Wallet' application for Android smartphones NXP has stressed that it is NXP technology and chips that are enabling the application.
At an event in New York Google, Citi, MasterCard, First Data and Sprint unveiled the mobile payment service Thursday (May 26) saying they plan to roll out the service in the United States over the summer. At commercial launch, Google Wallet will support payments with two payment solutions: a PayPass eligible Citi MasterCard and a virtual Google prepaid card. The first release of Google Wallet is expected to be released on the Nexus S 4G on the Sprint network.
Google relegated its discussion of the hardware behind its wallet to a single sentence saying Google Wallet uses near field communication (NFC) to make secure payments fast and convenient by simply tapping the phone on any PayPass-enabled terminal at checkout.
NXP put outs its own statement saying it was there in New York at the birth of the electronic wallet. "With NXP's secure contactless NFC solution, consumers can simply wave their phones over intelligent surfaces to pay for goods, apply a discount coupon, or receive loyalty points," the company stated.
It added that its NXP that provides the PN65 component that is the embedded, secure NFC solution for the Google Wallet and that NXP was instrumental in building the application.
The PN65 includes the NFC radio controller, the embedded secure element and NFC software in a single device. The secure element provides cryptographic processing to keep mobile transactions secure. The company said its security technology has shipped in over a billion units used in payment and bank cards, access management schemes, mass transit infrastructures, passports, driver's licenses, national ID and health cards.
"NXP's NFC technology essentially converts smart phones into loyalty cards, single-tap location 'check in' devices, concert tickets, coupon carriers, contactless payment devices, transit tickets, and secure keys to access cars, hotel rooms, buildings, and computers -- the possibilities are endless," said Ruediger Stroh, executive vice president and general manager of the identification business unit at NXP, in a statement.
NXP co-founded the NFC Forum in 2004 to help introduce the technology and has had its hardware and software deployed in more than 150 field trials.
Rutronik founds Subsidiary for North American Market
April 30, 2015
Rutronik Elektronische Bauelemente GmbH has founded the new subsidiary Rutronik Inc. with its headquarters/sales office in ...
McLaren brings simulation technology to mainstream automotive design
MEMS based lighting control optimises road illumination
How the 3 Cs drive IC consumption
XeThru technology is one to watch
April 29, 2015
Novelda, under the leadership of CEO Alf-Egil Bogen, is seeking the market pull rather than relying on the technology push ...
Harmonic Drive to support academia in search of future talents
Industry 4.0 unplugged
Exploding lithium-ion batteries: a real-time analysis
- Automotive Designs Demand Low EMI Synchronous Buck Converters
- Smart Capacitive Design Tips
- Wireless MCUs and IoT
- Battery Management System Tutorial
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, DecaWave is offering EETimes Europe's readers the chance to win two TREK1000 kits to evaluate its Ultra-Wideband (UWB) indoor location and communication DW1000 chip in different real-time location system topologies.
Worth €947, the kit allow designers to prove a concept within hours and have a prototype ready in days. Based on the two-way ranging scheme, the kit lets you test...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.