This will be achieved with a technology called Host Card Emulation (HCE). HCE allows for the transmission of payment related information from a device to an NFC-enabled terminal designed for the recital of wireless payments. HCE is currently available on Android 4.4 KitKat and above, and Microsoft wants to ensure that its mobile users also have this capability. In a slide presented below, Microsoft lists Visa, MasterCard and AMEX as payment solutions.
This type of payment solution is about to become much more widely used in the near future, and perhaps the main reason is due to the fact that Apple has entered this market with Apple Pay. During Apple’s “Spring Forward” event, the Cupertino giant announced that over 700,000 locations will support Apple Pay, which in turn will benefit Android users, and users running Windows 10 on their smartphones as retailers finally embrace this technology.
Microsoft’s Build 2015 conference will surely be the most exciting one to watch, and we expect that the firm will fully unveil the curtains on mobile payments and Windows 10 phones.
Source: Channel 9