June 5, 2015
Host card emulation (HCE) is growing rapidly in Asia. Previously, we have seen all the major HCE pilot projects and implementation happening in the Americas, Europe and Australia. A cloud-based mobile payments platform is being built in Thailand in collaboration with three technology firms; this will help Thai people process credit card payments through their smartphones.
SimplyTapp one of the major technology providers of HCE solutions in the world, SET-listed MFEC Plc and Japan's TIS Inc. have jointly developed an NFC-based mobile payment service called the Asian Payment Cloud Project.
Doug Yeager, chief executive of SimplyTapp ...