15 May 2017

Contactless technologies are on the rise

Contactless card and touch-and-go mobile technology payments are on the rise: especially consumers and commuters in highly populated urban areas require higher transaction speeds and more convenience. Infineon Technologies AG, a specialist in chip-based payment products, helps card and device manufacturers and transport operators to cope with the security and performance challenges of this trend.

By 2020, more than 60 percent of payment transactions will use contactless technologies such as NFC (Near Field Communication). This development mostly affects commerce and the financial sector and becomes most obvious in transport ticketing. All over the globe, transport operators are striving to implement standardized contactless ticketing solutions that simplify commuters’ daily lives and save overall costs. Furthermore, transport ticketing schemes are increasingly being merged with other services such as micro-payment, identification, access or loyalty, all offered on a single device or application. With this trend some security challenges in regards to unauthorized access to banking accounts or customer credentials are expected. The migration to new chip technologies such as from magnetic to chip-based cards becomes essential as it is the most efficient way to prevent fraud.

Infineon offers a specialized array of chip solutions for contactless payment and multi-application in several form factors, including smart cards, smart phones or wearables. These security solutions stand out with optimized footprint and low power consumption. Data transmission can be done within a few milliseconds, are robust and below industry-average rates. Being an active member in all relevant standardization bodies and striving for open standards, Infineon’s chip solutions provide interoperability and certified security. They are compatible to international standards such as Common Criteria for computer security and EMVCo for card payment. Furthermore, all components are CIPURSE-ready or enable CIPURSE Mobile transactions. CIPURSE is an open standard defined by the OSPT Alliance for highly secure, interoperable, and flexible transit fare collection solutions.

Most popular news in Cellular telecoms

RingCentral retains UK G-Cloud certification
Nokia & Tencent sign agreement to accelerate 5G webscale research
Nokia and China Mobile to set up joint AI*5G lab
Swedish operator to launch eSIM connectivity through Windows
Large-scale trial prepares for future 5G networks

All news in this channel | All news


Share this page


Want more like this? Register for our newsletter






Next Generation Freight Transport Mark Patrick | mouser Electronics
Next Generation Freight Transport
As road freight transport levels continue to grow, concerns about the impact on the environment and human health come sharply into focus. Fossil fuel dependency makes it a leading source of greenhouse gas (GHG) emissions, but shifting freight to other transportation modes will prove challenging. Solutions that will improve the efficiency and performance of road freight transport are therefore essential to achieve defined environmental goals. In this blog, we will explore a potential solution that has been pioneered by Siemens - called eHighway. This combines the efficiency of electrified railways with the flexibility of trucks in order to form an innovative, next generation freight traffic system that is efficient, economical and environmentally friendly.









Radio-Electronics.com is operated and owned by Adrio Communications Ltd and edited by Ian Poole. All information is © Adrio Communications Ltd and may not be copied except for individual personal use. This includes copying material in whatever form into website pages. While every effort is made to ensure the accuracy of the information on Radio-Electronics.com, no liability is accepted for any consequences of using it. This site uses cookies. By using this site, these terms including the use of cookies are accepted. More explanation can be found in our Privacy Policy