HCE payment – How it works and best practices for banks

HCE Payment - How it works and best practices for banksThis 19-page white paper provides detailed information and recommendations for banks investigating the potential of host card emulation (HCE) based mobile payments.

The paper begins with introductions to host card emulation, tokenization technology and how HCE payments work in practice, and offers a detailed glossary of terms readers will encounter as they familiarise themselves with the field.

It then sets out five best practice principles, based on mobile commerce specialist Mozido’s experience implementing services with customers, which the authors recommend that banks keep in mind as they evaluate and deploy an HCE-based payment service.

The paper also explains how Mozido’s cloud-based payment platform can be used by banks to deliver tokenized HCE services that enable them to offer a branded mobile experience to both build on and retain existing customer relationships.

This white paper has been produced and sponsored by Mozido and has been approved by the NFC World editorial team.

How to access this report

This 19-page document is available free of charge to NFC World Knowledge Centre members (PDF format, 1.4MB).

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This item is part of What's New in Payments.