Soon digital security firm Gemalto’s new MasterCard PayPass SIM card will make NFC payments possible on all GSM phones—whether smart or dumb. It means that you’ll be able to use the SIM to manage and make mobile payments and—if it’s successful—the SIM could bring the first mass commercial rollout of NFC payments across the world. And this is awesome, because it means we’re another step closer to a wallet-less future. [Gemalto via Engadget]
David
Wednesday, March 30, 2011 at 5:04 PMThis Gemalto anouncement is very light on detail. The SIM industry has been doing this for a while (making Master Card Paypass applets) and using SWP (single wire protocal) as the hardware interface.
Handset vendors are slow to not interested in making SWP intergrated in their handsets, so no service.
What is Gemalto doing differently? If it is different then it is outside standards, so how do they intend to get it to mass acceptance?
Sounds like typical Gemalto hot air.