Renesas and OTI To Introduce New Microcontroller-based Contactless Payment Solution

Renesas and On Track Innovations (OTI) have developed a secure contactless microcontroller solution geared toward the US contactless payments market. The new secure payment solution has been certified by MasterCard PayPass for their 3.3 specifications and Visa 2.0.2 A&C V3.0 specifications to comply with contactless card standards.

Renesas supplies the contactless microcontroller based on its AE-series smart card controller technology and OTI provides the operating system and application, and the contactless card technology including the inlay technology. The combination of Renesas’ secured contactless AE41R microcontroller and OTI’s Hercules operating system bundled in OTI’s contactless products and technology enables the development of a robust solution that meets the stringent security requirements of the payments industry, while also supporting the speed and convenience that is essential in contactless transactions.

The solution was developed to support the large volume orders expected for the US contactless payments market: Renesas is one of the largest contactless chip providers in the world and it iswidely recognized by card manufacturers for superior quality, yield, time-to-market and packaging. OTI has almost two decades of experience providing secure contactless solutions for multiple markets, and is providing solutions to support contactless cards, key fobs, smart stickers and more unique contactless products.

“Renesas is committed to providing the banking industry with a highly secure, high performance quality contactless payment solution built with its advanced security microcontroller technology, world-class manufacturing capabilities and technical competence gained over the years of experience in the security market,” said Kenichi Ishibashi, general manager of secure MCU business unit Renesas. “By combining our chip technology and OTI’s operating system and an antenna module, we can simplify the design process for card manufacturers and help accelerate the adoption of more secure contactless payment methods among many banks around the world.”

The solution is available to US banks and banks around the world who issue industry standard contactless cards.