MatchMove adds HCE functionality to Wallet OS
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Mobile wallet company MatchMove has added host card emulation (HCE) functionality to its Wallet operating system, in partnership with US-based contactless technology vendor SimplyTapp.
The deployment is expected to benefit MatchMove’s existing partners and future customers who wish to offer a contactless payment experience to consumers globally, but do not wish to be tied to a specific payment network.
MatchMove’s HCE-enabled technology is device agnostic and able to operate on any Android device running version 4.4 and above with NFC capability.
Starting in Singapore, users with MatchMove-powered virtual cards will soon be able to enjoy a hassle-free tap and pay experience at relevant NFC-enabled in-store terminals, for instance, Mastercard’s Paypass. The Asiawide capability will be available for new enterprise and startup customers by the end of Q4.
“By leveraging on SimplyTapp’s expertise in HCE and pairing it with our current MatchMove platform, we are enabling our customers who use our OS for a wide range of new services and capabilities, such as using only a virtual card for physical payment, using the virtual wallet for loyalty across multiple merchants and even for instant cross-border remittance,” Matchmove CEO Shailesh Naik said.
This further differentiates MatchMove from other payment solutions that still require digitising plastic cards on mobile devices.”
Questions & Answers
Q.Which company did MatchMove partner with to add HCE functionality to its Wallet OS?
Which company did MatchMove partner with to add HCE functionality to its Wallet OS?
MatchMove partnered with SimplyTapp, a US-based contactless technology vendor, to integrate host card emulation (HCE) functionality into its Wallet operating system. This collaboration underpins the new contactless payment capabilities.
Q.What is the primary benefit for MatchMove's partners and customers from this HCE deployment?
What is the primary benefit for MatchMove's partners and customers from this HCE deployment?
The primary benefit is the ability to offer consumers a contactless payment experience globally without being tied to a specific payment network. This provides greater flexibility and wider applicability for their services.
Q.Which type of mobile devices can use MatchMove’s new HCE-enabled technology?
Which type of mobile devices can use MatchMove’s new HCE-enabled technology?
The HCE-enabled technology is device agnostic and compatible with any Android device running version 4.4 and above. The device must also have NFC capability to utilise the new features.
Q.What new services will customers be able to use with the updated MatchMove platform?
What new services will customers be able to use with the updated MatchMove platform?
Customers will gain new services, including using virtual cards for physical payments, employing the virtual wallet for loyalty across multiple merchants, and facilitating instant cross-border remittance, as highlighted by the CEO.
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