Intel and MasterCard have today announced a new partnership that will allow them to bring NFC PayPass credit card payments to Ultrabooks. Allowing users to benefit from two-factor authentication and chip-based display protection when paying for items over the Internet.
The system will allow users to pay using a tap of their NFC smartphone or any other PayPass-enabled device together with their Ultrabook. The system will generate a six-digit code from the embedded processor or from within the Manageability Engine.
The ME hardware, encrypted with third-party algorithms, will then create and process the payment with the e-commerce site of your choice. George Thangadurai, general manager of PC Client Services Division, Intel Corporation explains:
“Our goal is to enable users of Ultrabook devices and future generations of Intel-based PCs to enjoy the convenience of e-commerce while making online payments safer from malware and hackers with the advanced security capabilities of Intel Identity Protection Technology,” – “Online commerce is a key focus area for Intel, and through this partnership with MasterCard, we intend to deliver an innovative, personalized and safer e-commerce experience to consumers.”
Source: NFC World