Tag: nfc

Banks and Merchants Must Have Their Own Payment Apps

Banks and merchants are under threat to lose millions of dollars in investment in their apps by allowing them to become obsolete because they don’t provide the most desired functionality of all: Payment. The reason is simple. A mobile app that offers a new and better way to perform a task that literally occurs multiple…

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New Free eBook: Turn Any App Into a Wallet

Sequent’s new eBook “Turn Any App Into a Wallet” helps banks, merchants and other app owners understand how to add valuable commerce functionality to their existing mobile apps. Most companies understand that having their branded mobile app in a consumer’s smart phone is the closest connection they have ever had with their customers. With time…

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HCE Support Could Reach 85% of Smart Phones

Host Card Emulation (HCE) technology support is growing by leaps and bounds. Since it was introduced in the KitKat version of Android Operating System, HCE support in smart phones has been growing in a steep curve. Last month Google released new usage numbers showing that 25% of all smart phones running Android OS are already…

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One Tap Mobile Payments: Patenting Simplicity

Sequent announced yesterday that we have received a US patent for a key feature of mobile payments: “one tap” mobile payments. If you don’t know what it is, “one tap” or “single tap” functionality allows mobile wallets to transmit multiple cards — such as payment, loyalty, coupons, and offers — at the same time to…

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Host Card Emulation and Cloud Issuance Give Banks Scale

Host Card Emulation (HCE) and digital issuance can finally give banks the scale they need. Thus far, bank rollouts of mobile payment and wallet services have been hindered by multiple factors from the dependency on the secure element owner, the inability to deploy wallet services across multiple mobile phone operators, to the availability of Near…

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Canada: the future of mobile payments

Recently, a VentureBeat article put into words what we at Sequent have felt for a long time: that Canada may just be the future of mobile payments. Why is that? Canada probably has the biggest penetration of contactless-enabled POS systems in the world. A whopping 75 percent of major retailers accept contactless payments. Consumers have…

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