NXP Semiconductors NV (NASDAQ: NXPI) announced that Garmin InternaTIonal, Inc., a subsidiary of Garmin Ltd. (Nasdaq: GRMN), has selected NXP's PN80T embedded security component (SE) And Near Field Communication (NFC) solutions for the recently released vÃvoacTIve 3 and Forerunner 645 Music with contactless payment. With NXP's embedded secure component technology and innovative Loader Service configuration solution, Garmin can quickly and easily deploy Garmin PayTM in its products without compromising security. NXP's Loader Service solution simplifies the development and integration of payment functions while significantly reducing setup and maintenance costs. Users can easily add payment card information to the Garmin Pay wallet powered by Fit Pay, Inc. (NASDAQ: NXTD) and then sync with the virtual wallet in the watch. As a result, Garmin users can enjoy a safe and convenient payment experience during sports. Rafael Sotomayer, Senior Vice President and General Manager of the Secure Transaction and Identity Line at NXP, said: "NXP is recognized as the preferred provider of payment ecosystems, providing trusted security, certification and end-to-end support for many of the world's most high-end applications. NFC solutions. NXP's PN80T SE and NFC solutions enable Garmin and other companies to quickly bring a secure and convenient payment experience to the market." Smart, sturdy and stylish, the vÃvoacTIve 3 smart watch features built-in GPS and over 15 pre-installed sports apps. With fitness and health monitoring tools such as physical age and all-day stress tracking, vÃvoacTIve 3 is the ideal partner for sports and payments. The latest Forerunner 645 Music features music integration, performance monitoring tools and high-end running dynamics to help athletes get the data they need. Whether it's running out with friends, preparing for a game or stopping to grab something, the Forerunner 645 Music is perfect for all-day wear. Garmin Pay mainly supports Mastercard and Visa's debit and credit cards, and its supported card-issuing bank lineup is expanding. Putting these cards into the Garmin Pay wallet can give users the same advantages and benefits as physical cards, as well as the convenience of paying on the wrist. Dan Bartel, vice president of global sales at Garmin, said: "By partnering with NXP, we can better provide our customers with the best sports lifestyle. This technology is used on vÃvoactive 3 and Forerunner 645 Music, allowing customers to cash and Keep your credit card at home and make a safe purchase where you can pay for NFC payments." Mastercard senior vice president of smart device business Kiki Del Valle said: "We want to provide cardholders with the choice to safely digitally pay on a variety of connected devices by tapping or touching. Mastercard tokens ( Token's services, combined with NXP's platform, will create security similar to EMV standards for each transaction and provide consumers with a simple, fast and secure payment experience to meet their expectations for Mastercard." With a large deployment in mobile applications, NXP is at the forefront of mobile payment technology for wearable devices. NXP's PN80T solution is the industry's first 40nm SE product that uniquely addresses the key industry challenges in the growing wearable device market in terms of size, power, security, performance and ease of integration. This innovative silicon solution combines best-in-class RF performance, outstanding NFC antenna design flexibility and advanced secure component performance for fast transactions and field updates for a better end-user experience. NXP's Loader Service is included in the PN80T and NXP PNXX series of NFC modules, pre-configured on the module's secure components so that developers can immediately access the Loader Service. This configuration solution makes it easy for any small or large, local or global service provider to deploy secure NFC applications. Safety Light Curtain,Safety Curtain,Laser Safety Light Curtain,Safety Optic Light Curtain,Security Light Curtain,Press Brake Safety Light Curtains Jining KeLi Photoelectronic Industrial Co.,Ltd , https://www.sdkelien.com
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March 26, 2023