Smart card payments
In today’s hyper-connected world, payments are becoming increasingly digital. Over the coming years, we can expect even more choices in how we pay. Innovative payment cards and smart payment devices will continue to make digital payments more convenient, secure, and attractive.
Contactless payments have become the norm, with consumers enjoying the convenience and flexibility that comes with the free choice of payment device at the point of sale. Cards, smart phones, wearables, and more are now in the mix.
Security, speed, and performance are must-haves for both card issuers and cardholders. The next generation of contactless cards must therefore combine high security with convenience. One way of meeting this demand lies in combining biometric technology with a security chip in payment cards.
A new wave of connected devices will further enable touchless payments. The market can expect to see additional interfaces such as BLE (Bluetooth® Low Energy), UWB (Ultra-Wideband), and Wi-Fi in ultra-small formats, operating at extremely low power.
Security controllers support the full payment application spectrum
We are driving the evolution of payment cards by bringing the huge advances in 28 nm microchip technology that have already benefited the semiconductor market in general to payment use cases specifically. Our recently launched 28 nm technology node is a pioneering step for this future-focused technology in the payment space, setting new benchmarks for performance and security. Building on EMVCo certification, 28 nm technology gives today’s manufacturers an adaptive and innovative edge for future security requirements. The 28 nm platform also increases manufacturing flexibility as it supports robust dual-interface and multi-application cards through solutions such as our JS™ Pay family for payment plus transport ticketing. Fast transaction speeds are enabling a multitude of innovative use cases along the payment card value chain and beyond.
