Flexible Electronics News

NXP, Mastercard, Xiaomi Expand Global Reach for Mobile Payments into Europe

NXP’s cloud platform mWallet 2GO and secure NFC chips power contactless payment capabilities for Xiaomi Mi Smart Band 4 NFC devices.

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By: Anthony Locicero

Copy editor, New York Post

NXP Semiconductors, Mastercard, and Xiaomi Inc. said they’re bringing more convenient and secure contactless experiences to Russia as the first phase of a European-wide roll-out with NXP’s mobile wallet solution.    Powering mobile payments for Xiaomi’s Mi Smart Band 4 NFC wearable devices, NXP’s mWallet 2GO supports an accelerated roll-out across Europe by addressing OEMs’ needs for easy, yet secure and scalable, wallet implementations. It also addresses user demands to quickly enable...

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