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NXP, Xiaomi Announce Mobile Payment Partnership

Collaborate to increase efficiency of public transit systems with secure mobile payment technology.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. and Xiaomi announced a new milestone for mobile payments in public transit systems. As a key part of this collaboration, Xiaomi introduced its next-generation Mi 5 equipped with NXP’s Secure Element and NFC solution, which will help accelerate the adoption of mobile payments in China.   The newly launched Mi5 models will allow customers to use tap-to-pay for travelling, seamlessly enter and exit public transport systems without using a ticket or travel card, and enable ...

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