Regional markets differ in their requirements with respect to applications and technologies, so high-performance, innovative chip solutions are key drivers for the continuously growing and very dynamic payment market. And, independent of the form used for payment, be it a smart card or a mobile phone, the protection of the customer’s credentials against manipulation and fraud is key to any successful implementation.
The payment chip-card market shows a clear trend towards contactless and converging applications. Contactless payment can be performed with smart cards as well as with mobile devices. In particular, the demand for Dual Interface (DIF) payment cards is growing. These cards are equipped with a contact-based interface to support traditional payment transactions, but at the same time they offer a contactless interface to perform access, transport or micropayment roles.