The deployment includes OTIs NFC newly introduced WAVE audio-jack add-on device for smartphones, tablets and PCs. The patented WAVE device enables banking customers whose mobile devices do not have built-in NFC technology to perform contactless payment transactions, transforming their devices into digital wallets.
The WAVE connects to the devices operating system via the audio jack, allowing for PIN code authentication and Over-the-Air (OTA) functionalities such as reloading cash electronically, checking available balances, remote personalisation and downloading new applications.
Customers can add approved credit cards, payment cards and loyalty cards to their digital wallets via OTIs technology, allowing retailers to implement value-added services like loyalty programs, location based advertisements and promotions.
As an additional option, the WAVE can also support Public Key Infrastructure (PKI) for e-banking and online authentication, as well as cross border use during international travel.
Tradelink Electronic Commerce is a provider of e-commerce services for Hong Kong business community. Since 1997, Tradelink has been providing Government Electronic Trading services (GETS) for the trading community, initially under a 7-year exclusive franchise and currently under a licence till 2016. In addition to GETS, Tradelink also offers a range of B2B services and other related supply chain management solutions.
On Track Innovations is focused on developing solutions around the world to address NFC payments, petroleum payment and management, cashless parking fee collection systems and mass transit ticketing.
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