Compatible with near field communication (NFC) technology, In2Pay is now available for trials with banks, wireless carriers and payment networks, with volume production for commercial deployments in 2010.
In2Pay’s “plug-and-play” technology provides an alternative for installing NFC contactless transaction functionality on mobile phones which are already in use. In2Pay is designed to be compatible with existing merchant, mass-transit and bank infrastructure, allowing one-click access to payments and other personal access control features.
Issuers and carriers can deploy In2Pay as an integrated services platform, with the option of additional memory, enabling them to deliver their entire portfolio of mobile applications through their customers’ mobile phones.
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