Infineon Technologies now provides EMV-based payment solutions for key chains, rings, wristbands or bracelets to name a few. The new SECORA Pay W for Smart Payment Accessories combines an EMV chip with the card operating system, payment applet as well as the antenna directly on tape. As a turnkey solution it allows card vendors, device manufacturers, financial institutions or event organizers to quickly and cost-efficiently introduce fashion accessories for payment and even access.
Smart wearable technology is being used in a variety of applications from business computing to healthcare monitoring. The potential of wearable payment devices like smart watches, wrist bands, key chains and fitness trackers is reflected in market research results.
The new SECORA Pay W for Smart Payment Accessories is optimized for card manufacturers and Original Equipment Manufacturers. It comes with unique antenna designs that are based on Infineon’s extensive semiconductor and module expertise. Combining a profound understanding of the payment ecosystem as well as expertise in contactless and energy-efficient chip design, Infineon enables fast and secured contactless payment with transaction speeds of 300 milliseconds and below.
Infineon’s SECORA Py solutions portfolio comprises the SECORA Pay S for standard Visa and MasterCard payment cards, SECORA Pay X for applications with extended features such as multi-application, national debit and white label schemes or access management and SECORA Pay W for payment accessories. All SECORA turn-key solutions are pre-certified by Mastercard and Visa and will accelerate the deployment of contactless payment. They are available now in volume quantities.