In less than a year since announcing support for Host Card Emulation (HCE) and cloud-based software for both secure contactless and remote payment transactions, MasterCard announces projects are currently underway in more than 15 countries. These projects provide consumers with more options for payment experiences across their Android devices.
In offering an alternative to the secure element (SE)-based approach to digitize card credentials into mobile devices, MasterCard Cloud Based Payments creates a foundation for rapid global deployments of mobile payment services. The approach simplifies and speeds the deployment process of contactless mobile offerings for card-issuing financial institutions and other solution providers.
As a result, hundreds of licensees have embraced the framework to ensure thoughtful design and secure deployment of mobile payments, and more than 25 pilots and programs are underway and in various locations including Australia, Canada, France, Germany, Italy, Russia, Spain, the United Kingdom and the United States.
To further fast-track their mobile application development on Android devices, MasterCard recently released the Mobile Payment Software Development Kit (SDK). The SDK provides a collection of software libraries and tools that allow developers to easily create and test applications that are compliant with MasterCard specifications.
MasterCard contactless merchant locations – from major retailers and quick service merchants to convenience stores, gas stations, grocery stores, pharmacies, vending machines, parking lots, mass transit and taxis – have grown from two to three million in a year, with MasterCard contactless now being accepted in 68 countries. HCE is supported in Android OS starting from the KitKat 4.4 release, which began shipping in November 2013 and continues to roll out on popular smart devices.
MasterCard’s approach combines custom software on the mobile device with secure cloud-based processing.
For more data on HCE access CardData®. For information and commentary on HCE visit the searchable CardFlash® Library of more than 58,000 articles published since 1995. RAM Research® forecasts on HCE are available exclusively through CardWeb.com.®