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Tyfone, Dexim bring NFC contactless payments to the iPhone

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Tyfone (http://www.tyfone.com), a mobile financial services solutions provider, has announced the Tyfone iPhone sleeve, powered by Dexim (http://www.dexim.net). The Tyfone iPhone sleeve uses Tyfone’s SideTap MicroSD technology to allow existing iPhone users worldwide to make mobile contactless payments directly from their phones.

The Tyfone iPhone sleeve and the company’s patented SideTap technology transform the iPhone into a true electronic wallet, says Carol Grunberg, vice president of marketing at Tyfone. This Dexim-powered sleeve, which also provides protection for the iPhone, has a slot to house the Tyfone SideTap MicroSD card, a secure memory card integrated with contactless payments technology.

This sleeve also has built-in circuitry interfacing the 30-pin iPhone connector to a memory card slot enabling iPhone apps to communicate to the smartcard chip in SideTap MicroSD for over-the-air provisioning and management of identity securely. A miniature antenna and onboard controller ensures consumers can securely store and update any bank account, credit card, prepaid card and other payment information.

An app lets the user select which payment information to use when checking out of retail stores, paying at restaurants and even when using public transportation. A tap against a contactless point-of-sale terminal completes the transaction. Tyfone’s technology leaves the memory card functionality completely intact, allowing people to increase the available storage of their iPhones for saving any kind of digital information. Institutions interested in ordering Tyfone iPhone sleeves with SideTap MicroSD cards should contact contact@tyfone.com. Institutions interested in ordering Tyfone iPhone sleeves with SideTap MicroSD cards should contact contact@tyfone.com.

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