Consumers could be tapping their mobile phones to make purchases with contactless microSD cards storing payment applications before the end of the year, said U.S.-based processor First Data, which announced today it would make the cards available with its technology vendor Tyfone.
As NFC Times first reported last month, First Data and Tyfone have an agreement that will enable the processor to offer the microSD cards to banks, retailers and other potential payment issuers, with First Data also serving as a trusted service manager to download and manage the applications.
They say trials will start with Tyfone’s SideTap microSD cards in the third quarter.