ABnote is partnering with GO-Trust Technology to provide a new mobile NFC payments app.
The mobile wallet application will allow users to choose from a number of stored credit cards on their smartphone to make NFC payments at POS.
The GO-Trust SD card will act as a secure element for the transactions, while still supporting other transactions such as online card payments, funds transfer, ticket storage, P2P data exchange, bill paying, payments acceptance and NFC tag reading.
The platform is created to work with NFC devices from HTC, which will be used both with the SD card for other NFC campaigns.
One of these campaigns is to be begin later in August and it will enable a local bank to personalize and load secure payments over the air.