HCE is old news? Tell that to Kazakhstan. Or Amex. Or Barclays. Or …

Credit: amixstudio / Shutterstock.com

In payments, as in so many other fields, Kazakhstan is a beacon to the nations. I notice, for example. that they have recently launched a new tap and pay service that uses host card emulation, or HCE as it is known to us afficionados.

Customers of Kazkommertsbank (KKB) in Kazakhstan can now make host card emulation (HCE) based NFC mobile payments using a new service launched in partnership with Visa.

From Kazakhstan gets HCE payments • NFC World+

An advanced nation. In fact, as I wrote a decade ago…

So here is a picture for Borat to take with him next time he visits America. It’s an EMV terminal.

From Cultural learnings of Kazakhstan for make benefit glorious nation of America

For those of you who think that HCE is old news, I have to tell that you my colleagues at Consult Hyperion have been working on wide variety of HCE products and services and not only for customers in the financial services sector, but also in retail, ticketing and other fields. The ability to conduct transactions with chip and PIN levels of security via mobile devices is useful in many different applications and more and more service providers are taking advantage of it to deliver a better service to card customers. Take a look at what American Express are doing with it now, for example, or what Barclaycard launched earlier in the year. Or, for that matter, what Barclays announced this month about using their Android app to withdraw cash from their new contactless ATMs.

What’s more, of course, is that now that the industry is building expertise and obtaining feedback from a number of different operational services in different countries it is a good time to survey the landscape again and have a look at where to go next. I’m very keen to see how it will develop, especially beyond the “traditional” NFC channel. HCE over Bluetooth looks like pretty interesting avenue to explore as well! Anyway, all of this is why I was happy to accept the invitation to chair the HCE Summit in Amsterdam on 24th November.

This article was first published on Tomorrow’s Transactions.

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David Birch
About David Birch 20 Articles
Dave is Director of Consult Hyperion, the secure electronic transactions consultancy and is an internationally-recognised thought leader in digital identity and digital money. Named in Wired magazine’s global top 15 favourite sources of business information; rated one of the NextBank “Fintech Titans”; voted one of the European “Power 50” people in digital financial services and ranked Europe’s most influential commentator on emerging payments.

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