NFC Times Exclusive Insight – TAIPEI, Taiwan: Taiwan’s third largest credit card issuer, E.Sun Commercial Bank, today announced the launch of mobile payments with host card emulation, the first bank on the island nation to launch HCE commercially. NFC Times had reported the planned launch Dec. 3.
E.Sun Bank President Joseph Huang told NFC Times today that HCE solves three problems that consumers have encountered with SIM-based NFC:
“First, they have to change their SIM cards; secondly, they are limited to one cell phone company; and the third thing, they have to apply for a new (payment) card,” Huang said. “Currently, HCE can solve all the problems, with over-the-air download to the E.Sun wallet. (And) they can load a real credit card into the cell phone.”