Feeds

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

Bonkmania slips onto Apple gear thanks to EE and Moneto

Top three mobile application threats

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. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Leaked pics show EMBIGGENED iPhone 6 screen
Fat-fingered fanbois rejoice over Chinternet snaps
Feast your PUNY eyes on highest resolution phone display EVER
Too much pixel dust for your strained eyeballs to handle
Report: Apple seeking to raise iPhone 6 price by a HUNDRED BUCKS
'Well, that 5c experiment didn't go so well – let's try the other direction'
US mobile firms cave on kill switch, agree to install anti-theft code
Slow and kludgy rollout will protect corporate profits
Rounded corners? Pah! Amazon's '3D phone has eye-tracking tech'
Now THAT'S what we call a proper new feature
Oh no, Joe: WinPhone users already griping over 8.1 mega-update
Hang on. Which bit of Developer Preview don't you understand?
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Sony battery recall as VAIO goes out with a bang, not a whimper
The perils of having Panasonic as a partner
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.