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RFinity Plans September Test of microSD-based NFC Payments

Tags » Card Technology, Contactless Payments, Mobile Payments, Near Field Communication (NFC), RFinity  » Comments (0)

RFinity_logo-140px.jpgIn an article titled "Brigham Young University to test new NFC microSD solution", Sarah Clark writes for Near-Field Communications World about RFinity, an Idaho Falls-based startup that has developed technology to use an NFC application embedded in a microSD card that "enables a secure one-time token to be generated each time a transaction takes place and ensures that a user's credit card details never need to be transmitted, even in an encrypted form."

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