Tyfone has signed a deal with AboMem Technology Corp., a memory products manufacturer from Taiwan, to bring Tyfone’s SideTap microSD NFC solution to the People’s Republic of China.
As per the deal, Abomen will manufacture and service Tyfone’s SideTap products, as well as distribute them to consumers throughout China via AboMem’s established network.
According to Tyfone, the SideTap solution comprises a microSD card that can be inserted into a mobile device to enable secure element functionality with NFC connectivity. SideTap is part of Tyfone’s u4ia platform that provides end-to-end mobile financial solutions from informational services and commerce to secure identity and contactless mobile payments.
“A necessary element required for the success of add-on NFC and secure element capabilities is the ability to scale to meet demand,” said Nick Holland, senior analyst with the Yankee Group. “This announcement demonstrates that Tyfone will be equipped with the manufacturing capabilities that will be critical for matching incoming demand for NFC hardware as the floodgates are opened.”
Companies wishing to deploy SideTap microSD secure element solutions will be able to purchase directly from AboMem, while Tyfone will handle TSM software integration for identity provisioning and implementation of mobility services.