NBS Technologies delivers software solution for Tyfone’s SideTap™ Memory Card, enabling fast convenient payment from mobile devices

NBS software integration with Tyfone SideTap™ API means that Financial Institutions can personalize microSD cards to NFC enable phones quickly and easily

Tyfone

NBS Technologies (US) Inc. “NBS”, a leading provider of smart card software solutions today announced the development of personalization scripts for Tyfone’s SideTap microSD secure memory cards via SideTap API to be integrated with EMV UbiQPersoMaster™ personalization software enabling mobile contactless payment for Near Field Communication (NFC) applications. New and existing NBS customers using UbiQPersoMaster software can take advantage of this and play a role in the fast growing NFC market.

“Our partnership with Tyfone has empowered Financial Institutions and Card Service Bureaus to personalize payment applications on microSD cards either in a central issuance environment using PersoMaster or in an instant issuance environment using Xpressi”, said Ramesh Ajitaprasad, General Manager of NBS’ Software Division. “Either environment offers a safe and secure process that meets the standards of issuers and complies with VISA and MasterCard requirements.”

“We are excited to have completed this integration of NBS issuance environments with the SideTap API,” said Todd Nuzum, Tyfone’s VP of Technology. “With this we can extend personalization to Tyfone SideTap cards using the memory card interface. This allows for higher throughput with a smaller footprint and for targeted content preloading.”

Instant issuance via NFC enables a positive user experience for both organizations and their customers. Consumers will be able to quickly and conveniently personalize their data, at the distribution point, to their Tyfone SideTap memory card, providing immediate access to contactless payments. This is good news for retailers as the convenience of instant issuance, enables retailers to preload relevant content that provides consumers with pertinent offers leading to increased transactions. The technology will amplify the convenience of contactless payments, and consumers can rest assured, as it fully meets worldwide security requirements for both EMV and MSD contactless specifications.

About NBS Technologies
For over 30 years, NBS Technologies has been a leading provider of equipment for card personalization, EMV compliance/migration, smart card and semiconductor manufacturing, secure ID, and payment solutions for financial institutions, governments, and corporations worldwide. The company manufactures specialized and complementary product lines within its Smart Solutions, and Payment Solutions divisions. NBS Technologies’ headquarters is in Canada, with locations in USA, France and the UK, along with a worldwide dealer network. For more information, visit www.nbstech.com.

NBS Technologies is a wholly-owned subsidiary of Brookfield Asset Management (www.brookfield.com). Focused on property, power and infrastructure assets, Brookfield has over US$100 billion of assets under management and is listed on the New York and Toronto Stock exchanges and Euronext.

NBS and the NBS logo are registered trademarks of NBS Technologies Inc. in Canada and the US and trademarks in other countries. Xpressi and the Xpressi logo are trademarks of NBS Technologies Inc. with registration completed or pending in Canada, European Union, Peru and Chile. All other trademarks are the property of their respective owners.

About Tyfone
Founded in 2004, Tyfone’s corporate headquarters are in Portland, Oregon, and its Asia-Pacific headquarters in Bangalore, India. Tyfone connects money and mobility via a highly secure, scalable and flexible mobile financial services solution tailored to meet the evolving needs of consumers, financial institutions, mobile network operators, transportation companies, and retailers.
Operating in any standard memory card slot, Tyfone’s u4ia® platform and its companion SideTap™ memory card is the world’s first patented, neutral, and comprehensive memory card-based payments solution for mobile contactless payments. Tyfone and its partners enable a suite of services including Mobile Banking, Mobile Identity Management, Mobile Remote Payments, Mobile Retail Services, and Mobile Contactless Payments. For more information visit www.tyfone.com.

Tyfone and u4ia are registered trademarks of Tyfone, Inc. in the US and trademarks in other countries. SideTap is trademark of Tyfone, Inc with registration pending in the US.

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CONTACT INFORMATION

Ramesh Ajitaprasad
General Manager, NBS Software Division
Work: +1-952-912-9400

Holly Woolard
Mobility Public Relations for Tyfone
Work: +1-503-343-4144
Tyfone on Twitter: @Tyfone

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