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New NXP Module Creates a Paradigm Shift for Secure NFC Mobile Transactions

NXP Semiconductors introduced the PN66T module: the most comprehensive solution for secure mobile transactions. The module combines a highly secure Smart MX2 element (P61), Near Field Communications (NFC) radio, operating system and trust provisioning. To accelerate the deployment and meet the increased demands around mobile transactions, PN66T features a loader service, which enables service providers to easily deliver new applications by significantly simplifying the value chain of deploying credentials to devices.

The PN66T module is designed for mobile devices like smartphones and wearables and enables converged deployment of a broad set of transaction related applications such as mobile payment, access control, transit, and authentication.
 
The PN66T module leverages NXP's broad leadership in security and NFC, and delivers an outstanding user experience. The NXP secure element, the only common criteria certified EAL6+ product for mobile applications, providing the highest level of data protection and encryption to end users, payment issuers, and smartphone manufacturers. The PN66T is EMVCo (Europay, MasterCard and Visa) certified, ensuring that secure payment services can be deployed on a global scale while guaranteeing interoperability with legacy and future payment infrastructures. Offered on PN66T is trust provisioning to facilitate secure injection of cryptographic keys, enabling service providers to easily deploy new secure mobile transaction applications.

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