NFC technology payments based on HCE launched by BBVA

Quick Tap NFC technology service mobile payments service

The bank claims to be the first one to have created a service based on these specifications. BBVA, from Spain, has now launched a mobile payments service based on the brand new cloud based specification from Visa for NFC technology transactions that use host card emulation (HCE) tech. Customers of that bank who have NFC enabled Android smartphones will be able to download a new wallet app. If those customers download the updated version of the BBVA Wallet app, then they will be able to use the NFC technology in…

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Mobile payments strategies are getting fierce

Google Wallet Mobile Payments

Google Wallet has just played a very important next move in its battle against rival Isis. The latest version of Android, KitKat, brought with it a new feature called Host Card Emulation (HCE), in the hopes of giving its Google Wallet a serious shot in the arm through the use of NFC technology. Now, that effort looks as though it might have been a very promising strategy as it has gained massive credit card provider support. Both Visa and MasterCard have now declared that they will be supporting HCE so…

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