NFC TIMES Exclusive – NXP Semiconductors, the dominant supplier of NFC chips and secure elements for smartphones and wearables, is seeking to push further up the value chain, offering such services as a white-label wallet platform and provisioning of bank and transit payments applications.
While NXP has provided the operating system software for its NFC secure elements for many years, and later launched a Loader Service to manage secure domains for applications stored on those secure elements, the recent moves into services by the chipmaker are a break from the past and will put NXP in direct competition with such provisioning and wallet companies as Gemalto, FitPay and Giesecke & Devrient.