Frédéric Vasnier, SIMalliance Chairman, comments: “SIMalliance recognises that a future NFC landscape will consist of HCE and SE-based models, together with hybrid deployment models. Importantly, there is consensus within our membership that this is a real opportunity for growth in the SE market, for a number of reasons.
“Firstly, HCE promises to drive forward mass adoption of NFC services as it offers a speedier route to market and makes NFC more accessible and versatile to developers; as consumer familiarity increases, demand for NFC SIM-based services will also grow. Secondly, the SE is the most likely route to market for payment service providers who want to achieve an early mover status in the NFC payment space, because of the established global infrastructure. And finally, even when a payment service provider opts for a HCE-tokenisation approach to NFC payments, there is still a valuable role for the SIM to play.
“In summary, there is significant potential for HCE to drive growth across the entire NFC market and if that market consists of both HCE and SE-based NFC deployments, then that is certainly good news for the whole ecosystem.”
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