Empay mobile wallet to be released across UAE
Eindhoven-based Semiconductor manufacturer NXP has partnered with credit bureau Emcredit – a Dubai Department of Economic Development (DED) subsidiary – and payment technologies provider Cardtek to introduce mobile wallet platform Empay. The platform will allow United Arab Emirates citizens to transfer money, conduct retail transactions, and pay for government utilities using their near field communication (NFC) smartphone or wearable device. NXP will provide the NFC controller and secure element solutions to allow use with wearable devices.
PARTNER NEWS: NXP has joined Emcredit, a subsidiary of the Dubai Department of Economic Development (DED), and payments solutions provider Cardtek to launch Empay, a common mobile wallet platform that will enable citizens across the United Arab Emirates to make retail payments, initiate money transfers and pay for government utilities using their NFC smartphone or wearable device.

NXP will be providing the NFC controller and secure element (SE) solutions “necessary to allow UAE consumers to utilise the service on wearable devices,” Cardtek says. Plans to launch the Empay service were first unveiled in April 2017.

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