OTI’s innovative and proprietary WAVE solution adds NFC, contactless payment and MIFARE capabilities to existing iPhone and Android mobile devices. Completely SIM, operating system and handset-agnostic, WAVE offers banks and mobile network operators a cost-effective, post-market mobile payment add-on option, with quick time-to-market and cost effective implementation. With WAVE, mobile network stakeholders can rapidly rollout new services and create new revenue opportunities, all with minimal investment and implementation overhead.
Flexible as well as cost-effective, installing the WAVE dongle to any handset requires no expertise or special tooling. WAVE‚Äôs contactless interface supports contactless payment for MasterCard, Visa and other card associations, debit and credit, e-Purse, mass transit ticketing, e-coupons, loyalty program and healthcare applications.
WAVE Product Features
- Stable and superior RF performance (meets EMVCo standards for mobile payment)
- ISO 14443 and MIFARE contactless interface
- SIM/USIM card independent
- Can work when phone is off
- Mobile payment ‚Äď supporting MasterCard and Visa contactless applications, debit, credit, e-purse
- Transportation and event ticketing
- Loyalty and e-coupon programs
- Healthcare applications
- Additional consumer applications