Handset maker HTC and Cathay United Bank of Taiwan, among other parties, are expected to announce plans to launch an NFC mobile-payment project putting a MasterCard PayPass credit application on microSD cards that can run in a full NFC phone model from HTC.
The project is the first of its kind outside of China, where China UnionPay and at least two banks, including China Construction Bank, have launched NFC mobile payment on what in China is called the HTC Stunning. The Android-based handset is believed to be a version of the HTC Incredible S equipped with an NFC chip and antenna and a single-wire protocol connection to the microSD card slot.
In Taiwan, Cathay is expected to announce the project Tuesday, using a similar phone as the one launched by China UnionPay, but with updated software. It likely will not be called the Incredible S.