Tuesday 22 May, 2012
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YESpay, YES-wallet.com launch cloud-based NFC contactless payment service for NFC smartphones Monday 6 February 2012 | 01:55 PM CET

Global card payments company YESpay has partnered with YES-wallet.com to deliver e-Money payment service, a cloud-based NFC contactless payment service for NFC smartphones.

The integration of the YES-wallet Pouch digital wallet service with the YESpay EMBOSS payment service provides a cloud service based on the e-Money/pre-paid/gift-card payment platform that allows payments on NFC smartphones based on Visa PayWave and MasterCard PayPass standards.

Under the agreement, YESpay is set to provide payment terminals based on NFC reader/writers and EMBOSS payment processing services to merchants, while YES-wallet is set to deliver PayWave or PayPass standard virtual payment cards cloud system via its Pouch digital wallet service.

The Pouch wallet is designed to store credit and debit payment card details, payment receipts, loyalty and coupon information and enables customers to carry out payments via their smartphones.
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