MasterCard and Intel tap NXP for contactless e-commerce payments

MasterCard and Intel tap NXP for contactless e-commerce payments

Intel is embedding computers with NXP NFC technology so that online shoppers can pay with a tap of their MasterCard contactless card or mobile phone.

MasterCard and chip giant Intel first teamed up two years ago in a bid to combine the former's PayPass contactless system with the latter's Identity Protection Technology (IPT), which provides two-factor authentication and hardware-based display protection.

Intel has now called in NXP, embedding its PN544PC NFC radio controller in "select new computing devices" so that shoppers can make online payments using their cards or NFC-enabled handsets.

The partners hope to simplify paying in an e-commerce market which is already worth $162 billion a year - $42 billion from mobile - in the US alone, according to eMarketer.

Praveen Vishakantaiah, GM, client solutions and technologies, Intel PC Client Group, says that the system not only makes e-commerce more convenient, it also means customers "can rest assured their shopping websites know it's really them".

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