NXP Semiconductors has enhanced security while providing a high level of customer customization for payment cards with its new JCOP Pay, which operates on JCOP 5 EMV.

NXP Semiconductors recently announced JCOP Pay, which operates on JCOP5 EMV® (Java Card Open Platform 5 Europay-Master-Visa).

JCOP Pay is designed to enhance security and offer a high level of customer customization for payment cards. Its recently acquired EMVCo certification allows customers to extend the validity of their card.

Payment card manufacturers must respond to constantly changing consumer needs in a highly competitive industry, making inventory management challenging.

Operating on JCOP 5 EMV, JCOP Pay offers flexible and secure reconfiguration up to the point where the card is issued to the end consumer, allowing for changes to payment method applications and settings.

This allows customers to manage their inventory efficiently, offers enhanced customization options for specialized multi-application requests, and increases overall flexibility.

“Customization and flexibility are crucial for payment card issuers,” said Christian Lackner, senior director of Secure Payment and Identity at NXP. "The latest JCOP Pay offers flexible and secure restructuring options, allowing customers to quickly adapt existing inventory to changing consumer demands. This ultimately provides the flexibility needed to succeed in a highly competitive industry," he said.

JCOP Pay offers commercial solutions for all major payment systems, including the White Label Alliance (WLA) standard, which supports the creation of domestic payment systems. Furthermore, JCOP Pay, which operates on JCOP 5 EMV, features secure PIN sharing. Consumers can safely use multiple payment methods with the same card and PIN while maintaining security.

JCOP Pay, which operates on JCOP 5 EMV, is EMVCo ICCN certified until 2030 and supports backward compatibility with existing JCOP Pay operating on JCOP 4 EMV. It also provides elliptic curve cryptography (ECC) algorithms for next-generation EMV applications.

Additionally, JCOP Pay is optimized for conventional wire bonds and inductive coupling, allowing for easy antenna tuning and higher yields within the tolerance range during card manufacturing.