Tyfone announced that it was given an award for “Widest Handset Coverage and Contactless Compliance” at the Asia Pacific Smart Card Alliance’s APSCA first forum on alternative NFC mobile payment solutions, recently held in Taiwan.
Tyfone won for its SideTap memory card technology, a fully integrated NFC contactless payment solution contained within a MicroSD memory card. The SideTap MicroSD card contains an on-board controller that manages secure, over-the-air (OTA) capabilities allowing consumers to add multiple payment and identification options, creating a true mobile wallet, according to Tyfone.
Because the SideTap MicroSD card also retains all its memory card functions, consumers can also use them to store documents, photos, videos, music and other files.
According to Tyfone, the company was chosen by industry peers leaders based on an evaluation of various technologies available in the market. The technology was appraised based on its implementation schemes and the overall breadth, capability and viability of the solution.
The APSCA awards were the culmination of the two-day forum on “Alternative NFC Mobile Payment Solutions & Bridging Gaps in the Ecosystem” organized by the APSCA, endorsed by the NFC Forum and supported by the Committee of Communications Industry Development of the Ministry of Economic Affairs of Taiwan.
According to Tyfone, the forum was the first opportunity for organizations planning NFC mobile payment products and services to compare and contrast different approaches to add-on alternative solutions that can add NFC capabilities to existing mobile phones.