This 10-page white paper provides insight into the options available to banks seeking to implement mobile payment services for Android devices.
It begins by evaluating the evolution of the mobile payments market and the impact of host card emulation (HCE) and tokenization technologies on the development of the payments ecosystem.
The paper then goes on to explain why banks need to consider delivering mobile payment services now and lays out the deployment options available to them. It compares the benefits of developing an in-house NFC payment application with those of adopting an OEM solution such as Android Pay and then uses a case study of Australia’s ANZ bank to illustrate the advantages of a hybrid strategy which combines the two.
The paper also addresses the key decisions facing banks with regard to security, the deployment of tokenization and becoming a token service provider (TSP).
The paper has been produced and sponsored by Rambus and has been approved by the NFC World editorial team.
How to access this report
This 10-page document is available free of charge to NFC World Knowledge Centre members (PDF format, 13.4MB).
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This item is part of What's New in Payments.