A Russian mobile wallet and services provider is turning to embedded secure elements in a trio of Android smartphones to launch a MasterCard PayPass application in Russia this summer.
St. Petersburg-based i-Free will be using embedded chips in two HTC smartphones and a Philips model to implement a prepaid PayPass application issued by Tinkoff Credit Systems bank, which bills itself as the No. 3 credit card company in Russia’s small but resurgent credit card market.
Depending on when the service actually rolls out, it could be among the first uses of embedded chips in NFC phones for payment or other secure applications, following the stunted rollout of NFC payment on embedded chips in the U.S. by Google, for its Android-based wallet. There was also a small launch of embedded NFC payment in China last year.