On July 11, Huawei released Glory 8, one of its main features is to support Huawei Pay, which supports Beijing, Shanghai, and Guangzhou. On July 9, Lei Jun also said on Weibo that Xiaomi 5 will support the bus card function. Huawei Pay, Xiaomi Pay once again attracted everyone's attention to NFC. Promising NFC payment market Since Nokia launched its first NFC mobile phone in 2006, the NFC industry chain colleagues have been working to make NFC the standard for another smartphone after Bluetooth and Wifi. In the era of smart phones, Samsung started with the Galaxy S3. The Galaxy S series has been equipped with NFC. Apple has also supported NFC from the iPhone 6 in 2014, but has never seen a substantial NFC application. It was not until Apple introduced Apple Pay, and some domestic bracelet manufacturers, such as Minho Smart Bracelet, supported the traffic card function, and began to see some real NFC payment applications. NFC has been developing for many years and there has been no beginning. But with Apple, Samsung, Huawei and Xiaomi promoting NFC and launching their own XX Pay, there will be more and more smartphones using NFC in 2016. According to the current rhythm of NFC-enabled smartphones from various brands of mobile phone manufacturers, it is expected that more than 50% of smartphones in 2017 will support NFC. The offline opportunities of Alipay and other powers bring huge opportunities to NFC payments Although China Mobile began to implement the NFC payment pilot in 2006, because China UnionPay and Chinese operators all want to have the dominance of the NFC standard and do not give each other, the NFC is not popular. In 2015, with the promotion of WeChat payment and QR code payment by WeChat and Alipay, the habit of mobile phone users using mobile phones was greatly cultivated. In 2016, after Apple launched Apple Pay in China, Samsung, Xiaomi and Huawei both launched NFC payment functions. Because of these Apple Pays, Samsung Pay does not require complicated application procedures, so it also drives the development of NFC payments. In fact, Apple Pay's first entry into China's domestic NFC payment market will be supported by many banking systems, which is an opportunity for Apple Pay to abandon its trading interests in exchange for rapid entry into the domestic market. In the United States, Apple requires a 0.15% fee for each transaction through Apple Pay, and in order to successfully enter the domestic market, Apple did not require the distribution of interest in the transaction, just as a mobile phone virtual card of the bank, plus Apple has many high-end customer groups in China, and naturally it can get the full support of domestic banks. On the bank side, I am also very optimistic about the future prospects of NFC payments. Many banks said that the bundled Apple Pay credit card will enjoy the same amount of credit as the physical card, and offer different levels of discounts for using Apple Pay. The home bank sets up an ATM that can perform [cardless withdrawal/account inquiry] service through an NFC mobile phone. From this point of view, domestic banks hope to use the NFC mobile phone to cultivate users' habit of using NFC for offline payment and QR code for small payment. Compared with NFC Based mobile payment, QR code payment can be completed (verified) through the network without NFC hardware interface, so the payment can be run on a variety of terminals (such as Lacara credit card, smart watch, smart phone, etc.) The payment interface can be completed through a QR code, an APP, a web page, and the like. Undoubtedly, the biggest advantage of QR code payment is convenience, and there are many usage scenarios. In addition, the initial WeChat payment and Alipay payment subsidies are used to cultivate users' usage habits. So far, the near-end action has been paid for nearly 90% of the transaction amount. However, the safety factor of QR code payment is not as good as NFC Based. It is not as convenient as NFC when paying for subway/bus. Although the QR code payment has already won the merchant's small mobile payment market, how to expand the new application scenario is the next stage of the challenge. According to the data of China's ICT, in 2015, the number of online banking users increased significantly. Previously, online payment basically came from PC-level secure payment, followed by WeChat, Alipay's QR code payment, and the rise of NFC-level secure payment. More and more payments changed from PC payment to mobile payment, mobile phone. Payments are becoming more and more demanding on security. NFC payment and QR code payment comparison Xiaobian simply compares the current mainstream and secure payment devices and communication, we can see the advantages and disadvantages of various ways at a glance. The advantages of NFC are: 1. It can be used in the scene where the traffic card type is inconvenient to use the QR code (requires equipment modification and usage habits) 2. Supports no network payment and has high safety factor The downside of NFC is that relatively speaking, not all phones support this feature. Additional hardware costs are required. The advantage of the QR code is that it does not require an increase in cost, and can basically be used across mobile phones and across operating systems. But the shortcomings are also obvious: they are not available on public transportation (such as subways, buses) and cannot be used in a networkless environment. As for the problem that the safety factor is not high enough, the fingerprint and the iris can be combined as the payment password to make the safety factor higher. Fingerprint recognition and iris recognition are not really safe payment, they are more used as payment passwords. Moreover, from the perspective of security between the two products, it is very likely that fingerprint recognition is only used as a mobile phone to quickly unlock, the role of the shortcut menu, and payment may still need to be completed through iris recognition. Fingerprint recognition and iris recognition are mentioned here because of these two functions, which make QR code payment more secure. Complex ecological chains hinder NFC popularization NFC hardware architecture is more complicated, NFC hardware is divided into Controller and SE. These two devices are not exactly the same supplier. In addition, in some cases, in order to make the antenna small, you need to add a Boost. For example, Apple is able to make NFC antennas with a small area by adding Boost to AMS. The complex architecture creates a complex ecological chain, and the complex ecological chain, which involves different players, also hinders the popularity of NFC in a certain sense. NFC controller suppliers are many, such as: NXP, Broadcom, ST, Samsung, domestic Fudan Microelectronics, Shanghai Kun Rui and other companies. In order to be able to make secure payments, NFC also needs an SE (Secure Element Security Module). SE provides secure storage of sensitive information and provides a secure execution environment for transaction transactions. All services involving sensitive data, encryption operations, such as bank cards and bus cards, require separate security chip processing. The NFC chip forwards the commands received from the external reader to the SE, and the SE processes it and then replies through the NFC controller, making the entire operation very secure. The suppliers of SE are mainly NXP, ST, Samsung, Infinoen. From the perspective of the NFC controller-related ecological chain, NXP has the largest layout in the entire NFC industry chain, which is why NXP has the largest share in the NFC industry chain. Both the NFC Controller and the SE are hardware on the phone, but what features this NFC supports are required by different applets. In order to support different banks, bus cards in different places need to develop one applet. Of course, whether it is a bank card or a transportation card, it is a standard agreement. It is only what functions your mobile phone can use. It is still necessary to look at your upper-level software provider and how to coordinate with these banks and the transportation department. NFC actually has three functions on the phone: 1. NFC card reader (for example, you can use the mobile phone to read the amount of money on the bus card, and can recharge the public card) 2. NFC card simulation (for example, you can use your mobile phone as a bus card or bank card) 3. NFC card (for example, pairing two phones quickly, two phones automatically perform WiFi or BT pairing, eliminating the cumbersome WiFi or BT pairing) In the beginning, NFC Controller suppliers will try to realize the three functions of mobile phone NFC. For example, NXP, ST, Broadcom's Controller, all three are supported. But I also saw some domestic NFC Controller suppliers, such as Fudan Microelectronics, Shanghai Kunrui only did card simulation function, reduced the cost of NFC controller, and then cooperated with the public transportation departments and banking departments of various places to launch Traffic cards and bank cards, etc., so I also saw Minho's Drip Bracelet, Lakara's koala bracelet and other such chips, developed a smart bracelet that can be used as a traffic card. This may also be a revolution in NFC that allows NFC to get more user approaches. to sum up: Is there a need for NFC for secure payments? When the cost of NFC is no longer a problem, perhaps using a smartphone in the future would be a scenario: NFC for public transit (bus/banking); QR code for convenience store/restaurant or NFC; boot unlocked with fingerprints; Taobao/Jingdong and other network mobile phones use iris as a key. At present, global smartphone shipment growth is slowing down. Wifi, 4G, high-performance CPU, big screen, etc. are no longer selling points. Instead, mobile phones are used in various applications such as Hi-Fi phones, dual cameras, and secure mobile payments. As security payments become more demanding, NFC's card emulation capabilities make it very important for secure payments. NFC has been developing for so many years and has not developed. I hope that the wind of safe payment will be large enough for the NFC pig to fly. Herb Grinder,Dry Herb Grinder,Herb Grinder Kit,Electric Herb Grinder Dongguan Chakou Silicone Products Co, Ltd , https://www.waxmaidwholesale.com
