NFC Times Exclusive: Host-card emulation represents an “inflection point” for driving the rollout of NFC mobile payments and could also help the SIM-based NFC ecosystem to become more efficient and less costly, the head of payments innovation for major Spanish bank BBVA told NFC Times.
Javier Lopez Chicote, BBVA’s head of new means of payments, told NFC Times that the bank believes HCE will make it easier to reach all of its customers with mobile payment, though it hasn’t closed the door to working with telcos on their NFC SIMs in the future.
To start, the bank is making its new HCE-enabled BBVA Wallet app available to 5% of its mobile-wallet customers for download on Google Play. It is also offering it to heavy users of the contactless stickers the bank began issuing, which work with BBVA’s pre-HCE version of the wallet app launched in December. Other BBVA customers with NFC-enabled KitKat phones can request the new app, as well.