Feeds

Yes, UK fanbois, you can now use iPhones as bonking aids!

Bonkmania slips onto Apple gear thanks to EE and Moneto

Build a business case: developing custom apps

Following EE's Android-based wallet, the iPhone has finally got into the Near Field Communications bonking game with a sled from Device Fidelity and a service from Moneto, bringing the joy of bonking to all.

EE's service, which launched last week, is limited to the Samsung Galaxy S4 and S3 LTE. Prepaid mobe wallet service Moneto's new product will work with any iPhone, as it comes with its own NFC hardware and secure element embedded in a case from Device Fidelity, which slips over an iPhone like a tailored prophylactic.

Both services are backed by Mastercard and will work anywhere that supports MasterCard's PayPass protocol. This includes McDonalds, Boots and an increasing number of other outlets, given that NFC is a standard component in point-of-sale kit these days.

The sled wrapped around an iPhone

The Moneto kit in action

Near Field Communications, which makes pay-by-bonk work, needs a radio chip and a secure element. It’s the debate over ownership of that secure element which has stalled deployments as players manoeuvre for control of what will likely prove an extremely valuable bit of digital real estate.

Samsung has aspirations in the area, and the Galaxy phones have an embedded module under the South Korean giant's ownership. EE's Cash On Tap service relies on a secure element embedded in the SIM (and thus under EE's stewardship) while using the NFC radio in the handset - bypassing the un-trusted OS through the Single Wire Protocol.

The iPhone has neither radio nor secure element, though Apple has certainly experimented in the area and rumours are ramping up ahead of the anticipated September launch of the iPhone 5S. Until then we have bodge jobs like the sled from Device Fidelity, which we've seen before, sold in the UK by Moneto who retains control of the secure element - this time in a microSD card.

Both offerings are pre-paid, for the moment - load them up with cash and spend it with a bonk. That's only to get users comfortable with the idea and (more importantly) comfortable with the specific secure element and its owner. Once lots of people are using Cash On Tap, or Moneto, then banks will come begging for space for their own payment cards and that's where the revenue starts to flow.

The feeling, at the moment, is that customers will want a single electronic wallet for NFC payments, so banks will need to ensure their payment cards are compatible with whichever comes to dominate, so there's a lot more riding on this than a few early adopters posing in fast food joints. ®

The essential guide to IT transformation

More from The Register

next story
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
End of buttons? Apple looks to patent animating iPhone sidewalls
Filing suggests handset with display strips
One step closer to ROBOT BUTLERS: Dyson flashes vid of VACUUM SUCKER bot
Latest cleaner available for world+dog in September
Samsung Gear S: Quick, LAUNCH IT – before Apple straps on iWatch
Full specs for wrist-mounted device here ... but who'll buy it?
Apple promises to lift Curse of the Drained iPhone 5 Battery
Have you tried turning it off and...? Never mind, here's a replacement
Now that's FIRE WIRE: HP recalls 6 MILLION burn-risk laptop cables
Right in the middle of Burning Mains Man week
Apple's iWatch? They cannae do it ... they don't have the POWER
Analyst predicts fanbois will have to wait until next year
Tim Cook in Applerexia fears: New MacBook THINNER THAN EVER
'Supply chain sources' give up the goss on new iLappy
Reg man looks through a Glass, darkly: Google's toy ploy or killer tech specs?
Tip: Put the shades on and you'll look less of a spanner
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.