Semiconductor manufacturer NXP says its first certified Point of Sale (POS) system will allow more companies to accept contactless payments in more devices – not just in stores, but in the home too.
The system could be included in smart TVs, remote controls and set top boxes for example, or on tables in a restaurant. Not just card would be accepted, but NFC-compatible devices and digital wallets like Apple Pay and Android Pay.
NXP FTF: Self-Driving Cars Get 360 Degree Vision / Contactless Payments Can Go Beyond The Home / NXP Vehicle to X (V2X)
“It pushes the doors wide open to those looking to embrace market opportunities, where non-traditional payment form factors and innovative use cases are allowing new business models for payments to emerge.”
The service is available now to NXP customers, and will begin shipping to new customers later this year.
Recent figures from Visa Europe found that British consumers are the biggest users of contactless payments in Europe, after transactions in the UK rose by 300 percent in the past year.
More than 153 million contactless transactions were recorded in Britain during the twelve months leading up to April 2016, up from 51 million in the previous year, the company found
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