Now small retailers can participate in the NFC revolution

All electronic stored‐value systems rely on the use of security modules for both spendable and spent funds. A security module for spendable funds is essential to give the owner control over spending. However, a security module for spent funds forms a significant barrier to entry for merchants who must be equipped with scheme specific hardware to accept eMoney. A security module in a merchant terminal restricts interoperability: It is difficult for merchants to join

other schemes and eMoney issuers cannot share a common terminal base.

n‐Count technology is the world’s first to address this interoperability roadblock to stored‐value deployment. It provides secured, fast and off‐line value transfers without the need for a security module at the receiving terminal: An n‐Count value transfer provides end‐to‐end security from the payer’s device to the issuer’s clearing system. With n‐Count application software, any computing device such as a POS terminal, PC with card reader or a NFC handset may be programmed to act as a merchant terminal for multiple eMoney schemes.

n‐Count technology is protected by strong patents around the world and is now available for licensing. Want to know more? Then contact our associate consultant Ram Banerjee

Consulting Smart Ltd provide specialist consultancy on the design and deployment of NFC technologies. For more information on how we can help your organisation realise the full benefits of NFC please see www.consultingsmart.co.uk or email Steve Beecroft, Smart Technologies Consultant on sbeecroft@consultingsmart.co.uk