March 13, 2015
HCE, or Host Card Emulation, is a cloud-based protocol that promises to simplify mobile contactless payment implementations. HCE allows customers to use any near field communication (NFC) enabled Android phone to pay at a point of sale. Having received a boost from payments giants like Visa, many banks are looking to implementing this technology. Here are some noteworthy examples:
The bank is working with MasterCard to integrate HCE into its mobile contactless payments service, bringing the Tap & Pay option to any NFC enabled phone running Android 4.4 or above. Customers can enable the Tap & Pay option within the CommBank app and can make in-store purchases of up to $100. Customers are required to enter a PIN in order to authe ...