Infineon's SECORA Connect X and SECORA Wallet Brings Secured Contactless Payment to Smart Wearables

­Contactless payment – a feature every modern smart watch and smart ring should offer – is fast, convenient, and secured. With up to 4 billion NFC-enabled devices expected by 2030, including up to 700 million wearables, the demand for contactless payment is growing rapidly. Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) introduces SECORA™ Connect X, a ready-to-integrate solution that enables customers to transform smart wearables into fully functional payment devices. Combined with Infineon's new SECORA Wallet and SECORA Token Requestor integrated to Mastercard® (MDES) and Visa® (VTS), it enables the digitization of cards and the creation of a custom-branded wallet app. This new SECORA one-stop-shop for wearable payment accelerates time-to-market through seamless integration and certification, while offering flexible design, card tokenization, and secured payment functionality for any active wearable. 

“SECORA one-stop-shop turns wearables into payment devices certified by Visa® and Mastercard® with worldwide acceptance at all contactless POS terminals, without the need for a phone or digital wallet,” says Tolgahan Yildiz, Head of the Trusted Mobile Connectivity and Transactions Product Line at Infineon. “Original equipment manufacturers (OEMs) can now launch their own branded payment services across a wide range of smart wearables, leveraging our powerful and secured products.”

Comprehensive solutions for secured payment in smart wearables

SECORA Connect X is a highly efficient and secured payment solution for active smart wearables, including smart rings, sports watches, and fitness trackers. The solution features a Secure Element that enables contactless payment with Mastercard, Visa, and many other NFC applications, with payment credentials securely stored on the chip, not in the cloud. As the smallest NFC payment card emulation device on the market, SECORA Connect X provides extremely low power consumption for longer battery life and lower costs thanks to fewer external electronic components. Its compact design fits into any wearable design, regardless of size, shape, or material. Java Card and GlobalPlatform standards support seamless integration through comprehensive development tools, while pre-certified applets and 1 MB of memory allow developers to create custom NFC- and Bluetooth-enabled applications.

In addition, SECORA Wallet and SECORA Token Requestor enable any Secure Element-based smart wearable to support EMVCo payment functionality via card digitization. As a Token Requestor, Infineon can connect directly with payment services such as Mastercard or Visa to request and manage payment tokens, removing Primary Account Numbers (PANs) from the payment chain for added security.

The payment tokenization process stores credit and debit cards directly on the Secure Element, adding an extra layer of security without relying on the cloud. The tokenized wearable is accepted globally at all contactless-enabled POS terminals, without the need for a phone or third-party wallet services. The integrated white-label software development kit (SDK) allows full branding flexibility and frictionless integration into existing OEM apps. SECORA Wallet supports both iOS and Android devices, enabling wide accessibility for end users.

Complementary solution for IoT

SECORA Connect X is complemented by SECORA Connect E, designed for connected IoT devices such as AR/VR headsets, laptops/tablets, gaming consoles, and PC accessories. 

Infineon delivers a full-service offering, from end-to-end design to deployment, and contributes its expertise to a wide range of technical and payment industry bodies, including EMVCo, FiRa, GlobalPlatform, ISO, Java Card Forum, NFC Forum, and Calypso Network Association. As a result, OEMs adopting SECORA solutions benefit from industry-leading security, compliance, and innovation.

More information is available here.