Taking aim at NXP Semiconductors and its dominant Mifare technology, four smart card industry suppliers have announced plans to introduce what they call an “open standard” for contactless transit-ticketing applications on cards and NFC phones.
The move could shake up the market for contactless transit ticketing, which saw shipments of an estimated 200 million cards in 2009, according to smart card trade group Eurosmart. NXP estimates about 75% of transit cards shipped worldwide support its Mifare platform and more than 650 cities run Mifare-based transit cards.
“The market needs a competitive offering,” Tilo Pannenbaecker, vice president and general manager for personal and object ID at Germany-based chip maker Infineon Technologies, told NFC Times. “The market needs multiple suppliers. What we are targeting are not two or three suppliers. We clearly invite more to join.”