NFC Times Exclusive Insight – Capital One has become the first U.S. issuer to introduce NFC mobile payments using host card emulation with its own app and is one of the largest card issuers globally to launch with the technology.
The bank, among the early backers of HCE that had helped push Google to support the technology, today announced its Android-based Capital One Wallet app would support payments with HCE.
It is the first issuer in the U.S. to offer an NFC-based Android option for its own app to complement Apple Pay on iOS devices. CapOne later is also expected to support Google’s own HCE-based mobile-payments app, Android Pay.