“The new way to pay”: Cashless payment powered by MIFARE® DESFire® 3. August 2015

NXP has been a partner of the Nijmegen Four-Day Event for many years. After a small-scale pilot last year at the Valkhof Festival, cashless payment will be used on a large scale this year during the Four-Day festivities between July 18 and 24. At no less than five festivity locations – including the Valkhof and Plein ’44 – visitors will be able to pay wirelessly for their food and drink. The special Four-Day pass contains an NXP MIFARE DESFire contactless IC. By facilitating cashless payment the Four-Day Event follows “the new way to pay” trend.

The chips that NXP has developed to enable contactless communication are part of the MIFARE® product family. The first generation of chips was launched onto the market around 20 years ago. Nowadays the term MIFARE covers a whole range of chips: from simple chips without security to very advanced chips with a very high degree of security. The chip that can be used at the festivity locations to make ‘cashless’ payments is a MIFARE chip (type DESFire) that uses the NFC technology. This is a very secure chip that was developed at the beginning of this century and enables visitors to make secure payments. Today the MIFARE DESFire chip is not only used in cards but is also increasingly being used in Smartphones. Expectations are that consumers will be able to pay using their smartphone with the MIFARE DESFire chip in the near future.

Continue on the NXP blog.