More NewsYESpay International and YES-wallet.com Build NFC Cloud-based Payment Platform

YESpay International and YES-wallet.com Build NFC Cloud-based Payment Platform

YESpay and YES-wallet have launched cloud-based near field communication (NFC) contactless card emulation services conforming to PayWave and PayPass standards.By integrating YES-wallet pouch digital wallet service with YESpay Emboss payment service, both companies will provide a cloud service based electronic money (e-money)/pre-paid/gift-card payment platform that allows provision of convenient and efficient payment methods on NFC smartphones based on Visa PayWave and MasterCard PayPass standards.

Both companies have been focusing on development and provision of NFC products that comply with NFC global standard.

The partnership allows e-money related businesses, merchants, and mail order houses to implement contactless card payment system without having to make heavy upfront investment by using the pouch cloud service. YESpay will contribute by providing “payment terminals based on NFC reader/writers” and providing “Emboss payment processing services to cultivate and manage merchants” and YES-wallet will contribute by providing “PayWave or PayPass standard virtual payment cards cloud system via its pouch digital wallet service

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

3m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

3m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

4m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

4m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

4m Mateo Graziosi