NFC Times Exclusive Insight – MasterCard’s Poland-based payment transaction processor, Trevica, has licensed host card emulation technology from Turkey-based Cardtek in order to provide a managed HCE service to banks it serves in Europe.
The deal shows that MasterCard is starting to offer on-behalf-of HCE technology to banks, just as it earlier tried to offer TSM services through Trevica, which is also known as MasterCard Payment Transaction Services S.A. A large issuer in Europe is using the HCE platform or is gearing up to do so to offer NFC payments on Android phones to its customers, NFC Times has learned.
MasterCard intends for Trevica’s HCE platform to tie into its tokenization service, MDES, which the payments scheme is also offering or planning to offer to European banks as a service. Trevica targets issuers in Central and Eastern Europe.