DeviceFidelity, a leading secure mobile payment solutions provider, today announced the In2Pay™ iCaisse4 plug and play mobile payment solution. In2Pay iCaisse4 is a specially designed protective case that enables iPhone 4 to be used to make payments at contactless-enabled merchants worldwide.
DeviceFidelity's In2Pay mobile payment solution has earned global recognition as a plug and play solution for simple wave-and-go payments at hundreds of thousands of merchants worldwide. Through its partnership with VISA, DeviceFidelity's In2Pay solution is being used in trials by banks and wireless carriers in North America, Europe and Asia.
"DeviceFidelity is playing a leading role in unlocking the true potential of NFC mobile payments, and iPhone has helped in introducing the technology to consumers around the world," said John Weise, President and CEO of Zenius solutions.
In2Pay iCaisse4 provides protection against handset damage by shielding all surfaces of the iPhone 4 except the screen. The In2Pay iCaisse4 has a microSD slot that is designed to accept the In2Pay microSD secure contactless device, issued by a financial institution or wireless carrier as a credit, debit, prepaid or a multiple account digital wallet. Once consumers plug in their In2Pay microSD, they can simply wave their iPhone 4 to pay at retail stores, fast food restaurants, in taxis, vending machines and tens of thousands of other merchants enabled to accept contactless payments worldwide. The In2Pay microSD contains the same secure smart card chip that is used in millions of chip and PIN smart cards issued in EMV-compliant countries worldwide. Transactions conducted by this device with the terminals are compliant with industry standard payment schemes such as the VISA payWave that generates a dynamic variable verification code for every transaction, helping prevent fraud. The In2Pay iCaisse4 integrates seamlessly with the In2Pay App for iPhone.
The complete In2Pay solution also supports full mobile wallet feature implementation and can support multiple accounts, Over the Air (OTA) provisioning, transit applications through MiFare support and a host of other value added features.
"With tremendous interest shown by financial institutions and wireless carriers for our In2Pay solution worldwide, we are glad to announce our latest offering and support for iPhone 4," said Amitaabh Malhotra, COO, DeviceFidelity. "We are confident that the latest figure-hugging design of the In2Pay iCaisse4 will aesthetically appeal to iPhone 4 users and make it their preferred way of making payments worldwide."
Finally, in conjunction with this product announcement, DeviceFidelity has launched a program to help developers who wish to integrate the In2Pay API for iOS 4 into their digital wallet, OTA and other innovative payment applications to support iPhone 4.
The In2Pay iCaisse4 and In2Pay microSD are available immediately to wireless carriers and financial institutions worldwide.