ST, Mobile Payment Companies Launch Authentication Turnkey Solution for Wearable Devices
Published2017.01.12 11:08ST security chip with required firmware, software, and hardware turnkey solution
A ready-to-use payment solution incorporating STMicroelectronics (ST) technology has been launched, indicating that mobile payments are expected to become widespread in wearable products.
ST, G&D, and Fitpay, three companies jointly developed a pre-approved secure hardware-software solution enabling device manufacturers to integrate tokenized payments from Mastercard or Visa by applying ST's security chip. This resolved existing challenges in implementing card payments on mobile devices.
With this solution, users can utilize various payment networks and payment cards from different banks on wearable products, enabling easy contactless payment transactions.
▲Secure Mobile Payment Solution
The secure OS (G&D), payment application management software (Fitpay), and hardware components necessary to support mobile payment applications are integrated into ST's ST54E security chip (embedded Secure Element, eSE), where ST's security chip controls encryption processing and tamper prevention.
Along with the ST54E, the supported reference design incorporates the NFC booster STS39230 supporting contactless connection with payment terminals and compact antenna, the MEMS accelerometer LIS2DS12 enabling gesture-activated payments, Bluetooth Low Energy IC, USB battery charger, and an energy-efficient microcontroller from ST's ultra-low-power STM32L4 product family.
Laurent Degauque, Senior Vice President of Marketing for ST's Secure Microcontroller division, stated, "The market has been waiting for a turnkey reference design connecting device manufacturers to the payment ecosystem. This design provides everything necessary for secure, simple, and anytime, anywhere mobile payments using wearable products."
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