Infineon’s SECORA Pay M, new platform for fast and efficient payment
The new SECORA Pay M platform expands the innovative features of the plug-and-play SECORA Pay solutions to support even more use cases and FIDO (Fast Identity Online) authentication.
The SECORA Pay M provides a one-stop shop offering that combines payment and authentication. It supports the latest EMV Payment applications for Visa and Mastercard. With support for multiple use cases, including EMV payment, Transport & Ticketing and FIDO authentication, users can access a wide range of services from a single card platform. Additionally, SECORA Pay M supports the latest Tap to X contactless transactions that can enhance the security of e-commerce transactions, card digitisation to mobile wallets or login to mobile banking.
FIDO Alliance is an open industry association that develops and promotes standards for simpler, stronger online authentication using physical or synced passkeys. Andrew Shikiar, CEO, FIDO Alliance, said: “Passwords have long been unfit for purpose, especially for important transactions like payments. The only way to eliminate widespread fraud is to replace phishable credentials with cryptographically secure and simple to use authentication. We are very pleased that Infineon shares this vision and is bringing solutions to market that help make payments and authentication simpler and more secure for all.”
SECORA Pay M is based on the Java Card 3.1 specification and supports the most recent EMV payment applications from Visa and Mastercard, VSDC2.8.1G1, VSDC2.9.2, and M/Chip Advance v1.2.3. in combination with Tap to X use-cases and Infineon’s integrated FIDO 2.1 application for secured authentication.
