NXP enables ecosystem of secure smart cities in Russia

Available immediately the mobile wallet, aptly named ‘The Wallet’, from CardsMobile is powered by NXP MIFARE and the NXP PN65T NFC mobile transaction solution. The Wallet allows consumers to download their credit, loyalty and travel cards to an in-device smartphone wallet application. The smartphone can then be swiped across point of sale and ticketing terminals for instant payment in tens of thousands of stores, restaurants, train stations, buses and trams across Russia.

By joining forces with NXP, the leader in secure IC solutions, CardsMobile is taking a significant step in transforming Russian cities to secure, convenient and smart mobile payment hubs. Secure payments on mobile devices provide consumers with convenient, easy-to-use payment options that no longer rely on a physical wallet full of plastic cards - with the added benefit of reducing lengthy queues that are commonplace at payment points and ticketing desks across Russia.

Kirill Gorynya, CEO and Co-owner, CardsMobile, commented: “Today we are one step closer to replacing the traditional wallet in Russia with a secure, smart application that allows customers to replace cash, coins and plastic cards with a mobile smartphone payment application. Secure, connected cities are no longer a vision in Russia - they are a smartphone-enabled reality simplifying the daily lives of consumers. We are excited to join the ranks of Apple Pay in changing the future of payments around the world.”

“NXP is delighted to work with an innovative company such as CardsMobile to create a ground-breaking, secure mobile payments infrastructure across Russia’s major cities. Our collaboration with CardsMobile is built upon NXP’s long-time expertise and leading position in secure mobile payments, as well as our experience in key market segments such as banking, public transport and mobile transactions,” added Jeff Miles, Vice President, Business Development, NXP Semiconductors.

The Wallet will be available on more than 40 smartphones, including HTC, Philips and Sony models. The Wallet is available either pre-loaded on smartphones at point of purchase; in Q2 of 2015 it can also be downloaded from GooglePlay.