Feeds

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

Bonkmania slips onto Apple gear thanks to EE and Moneto

Choosing a cloud hosting partner with confidence

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. ®

Internet Security Threat Report 2014

More from The Register

next story
PEAK APPLE: iOS 8 is least popular Cupertino mobile OS in all of HUMAN HISTORY
'Nerd release' finally staggers past 50 per cent adoption
Tim Cook: The classic iPod HAD to DIE, and this is WHY
Apple, er, couldn’t get the parts for HDD models
Apple spent just ONE DOLLAR beefing up the latest iPad Air 2
New iPads look a lot like the old one. There's a reason for that
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Caterham Seven 160 review: The Raspberry Pi of motoring
Back to driving's basics with a joyously legal high
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.