|ABnote, Employing the oti WAVE Device, Launches Major NFC Electronic Payment Pilot With Leading North American Financial Institution|
oti's WAVE, Powered by ABnote's Certified TSM, Adds NFC Payment Capabilities to Apple iPhone and Android Mobile Devices
About the size of a standard car key fob, oti's WAVE device uses the audio jack as an easy, cost-effective way to add NFC capability to virtually any Smartphone or tablet, including Apple iPhones, iPads, and Android-based mobile devices. Once configured, it can also operate independently, allowing users to keep the WAVE on their keychain to make secure transactions with a simple 'wave' of the device over any NFC reader.
The WAVE has received certification from major payment companies, including Visa® and MasterCard®. ABnote's mobile solution is managed by its MasterCard®- and Visa®-certified Trusted Service Manager (TSM), which has been designed with an open architecture, to guarantee maximum customer flexibility and scalability.