MasterCard and ING test NFC for online payments
The new NFC solution is designed to offer the same user experience — and the same level of security — whether a shopper is presenting a merchant with a physical card or making a remote ecommerce or mcommerce transaction.
The solution being tested in the trial supports two scenarios, one where the consumer is shopping online from their NFC phone and the other where they are using their PC or tablet to do their online shopping. Both scenarios make use of a MasterCard PayPass app stored on the secure element in the customers' NFC phone, even though no use is made of the device's short range communications capabilities.
In the first scenario, consumers select the merchandise they want to purchase from the online retailer, select their payment method, provide shipping information and enter their PIN to authenticate the transaction. An EMV-compliant cryptogram is then generated by the secure element and sent directly to the merchant's payment gateway for processing.
The second scenario uses QR codes as a bridge between the consumers' NFC phone and their PC or tablet. Here, consumers select items and place them in a shopping cart as normal. To complete the payment, they then scan with their mobile phone a secure QR code presented by the merchant. This then links the Mobile PayPass application on the user's phone securely to the merchant's online shopping cart.