NXP launches next-generation JCOP Pay solution: payment card customization is flexible and secure!

NXP Semiconductors has released JCOP Pay based on JCOP 5 EMV, which enables highly customized payment cards while enhancing card information security. Recently, JCOP Pay running on JCOP 5 EMV has successfully obtained EMVCo certification, which can help customers achieve a longer card issuance life cycle.

Card inventory management is challenging for payment card manufacturers, who need to be flexible to adapt to changing consumer demands in a highly competitive industry. JCOP Pay based on JCOP 5 EMV can be flexibly and securely reconfigured before issuing cards to end users, supporting changes to payment scheme applications and settings. As a result, customers can efficiently manage inventory, meet special multi-application requirements, obtain better customization solutions, and improve overall flexibility.

JCOP Pay provides ready-made solutions for all major payment schemes, including the WLA standard of the White Label Alliance that supports the creation of payment schemes. JCOP Pay running on JCOP 5 EMV supports secure shared passwords. Consumers can use the same card and the same password for multiple payment schemes without compromising security.

JCOP Pay running on JCOP 5 EMV has now been certified by EMVCo ICCN, valid until 2030, and is backward compatible with the widely recognized JCOP Pay running on JCOP 4 EMV. It supports the Elliptic Curve Cryptography (ECC) cryptography algorithm for next-generation EMV applications.

In addition, JCOP Pay is optimized for traditional wire bonding and inductive coupling, simplifying antenna tuning and improving card manufacturing yield.