Daily news, JCB, JCB Contactless, Mobile payments, mPOS, NFC, POS Terminals, Tap on Mobile -

JCB introduces Tap on Mobile for contactless payments on Android

JCB is leveraging a leading Asian FinTech, Soft Space, to develop its Tap on Mobile programme that capitalises on the wide availability of Android smartphones equipped with NFC (Near-Field Communication).

JCB Tap on Mobile

JCB introduces Tap on Mobile for contactless payments on Android

JCB Contactless card or mobile device can be used at any merchants that support JCB Contactless. Aimed at driving greater contactless acceptance among JCB acquirers worldwide, it has developed the programme which will be used to govern all aspects of contactless payment transactions securely made on NFC-enabled Android smartphones, off the shelf.

The initiative to develop Tap on Mobile programme is a significant milestone for JCB because it believes that the solution is the future of payments, and is poised to help JCB significantly grow its acceptance business globally going forward.

“We are pleased to be working with Soft Space on this Tap on Mobile programme,” says Tac Watanabe, the Executive Vice President for JCB’s Brand Infrastructure and Technologies Department. “We believe that the Tap on Mobile will be the key initiative for JCB to drive our contactless agenda to grow globally.”

The programme builds on the expertise gained through Soft Space’s development of “Fasstap”, world’s first NFC-enabled payment solution with PIN verification, certified by card brands in 2018 [1] and subsequently 2019 [2].

The solution has been developed by incorporating JCB’s contactless kernel – the engine that powers contactless payment transactions. Engaging Soft Space’s technological expertise, the solution has met JCB’s necessary standards and approvals. This ensures that payment data transmitted is secured from potential leakage, thus reducing the risk of fraudulent activities.

With Tap on Mobile programme in place, JCB can offer its acquirers a new, innovative cashless payment option who will in turn, adopt and deploy as a cost-effective payment solution to their merchants.

[1] Businesses can Accept MyDebit Card Payments Using Only Mobile Phones https://paynet.my/press-release/2018/PayNet-Fasstap-Pilot-Launch.pdf
[2] Maybank Tap2Phone offers greater mobility for merchant mobile payments https://www.maybank.com/en/news-support/news.page

The post JCB introduces Tap on Mobile for contactless payments on Android appeared first on Payments Cards & Mobile.