Dans a revolutionary event destined to disrupt the in-store payment landscape, kevin., a pioneer in payment technology, has successfully executed the very first NFC account-to-account transaction on an iPhone.
Video of the transaction: link
In a financial world where convenience and security are of the utmost importance, kevin. has set a new milestone by executing the first non-Apple Pay NFC account-to-account payment on an iPhone. This technological leap follows the pressure exerted by the European Commission on Apple to democratize access to NFC. This comes after years during which Apple's strict control over NFC technology in iOS devices had stifled competition from third parties.
Pavel Sokolovas, co-founder of kevin., expresses the magnitude of this moment: "Breaking the final barriers of NFC payments on iOS devices represents a true turning point. We are immensely proud to be the first to provide account-to-account transactions using Apple's NFC, giving consumers the power to choose their payment method."
In January 2022, kevin. made a splash by activating this innovative payment method for Android users, a move hailed for its originality and its push towards an open payment ecosystem. Now, with ongoing regulatory changes, kevin. has quickly obtained authorization as part of Apple's NFC entitlement program and has begun development within their controlled environment.
Just six weeks after the launch of the Apple program, kevin. celebrated the successful execution of the experimental transaction in development mode, paving the way for what could revolutionize point-of-sale interactions (POS).
Sokolovas described the technical journey: "We rigorously developed within Apple's architectural framework. Our team worked tirelessly to integrate our kevin. technical solution into Apple's host card emulation (HCE), including security standards, transaction validation, and much more to create a seamless experience allowing users to transact from their banking apps or wallets."
The European Commission continues to monitor the feedback from early developers like kevin. while anticipating the official start of a broader NFC implementation. This monitoring underscores the Commission's commitment to fostering innovation and fair competition in the mobile payments field. The industry anticipates a surge in similar payment solutions following this initial success. kevin. has indeed set a dominant precedent, promising an open market where consumers are no longer limited by specific payment platforms for devices - a fundamental revamp of how transactions are conducted worldwide.
kevin. is a visionary technology company that is redefining payment systems to meet the needs of tomorrow. From its global headquarters in Europe to its recent expansion in the bustling financial center of Dubai, kevin.'s mission has been consistent: to provide reliable end-to-end technology and substantial savings on transaction fees without changing how people pay. The introduction of their multi-tenant acceptance network independent of the brand marks a significant evolution for consumers and businesses, granting autonomy and value without the constraints of legacy technology.
Download: Kevin logo, image of Pavel Sokolovas, and iOS transaction video: link
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About kevin.
kevin. is a pioneering technology company whose mission is to revolutionize legacy payment systems. With a newly built infrastructure, kevin. makes transactions more efficient, secure, and convenient for digital and physical sales. Its multi-tenant payment acceptance network is white-labeled, brand-independent, and intermediary-free, giving partners complete control over their in-store payment processes. This empowers them to unlock greater value through new services, improved conversion rates, and strengthened customer loyalty.
The kevin. network is redefining international payments, ensuring a secure NFC account-to-account payment infrastructure for POS terminals worldwide. This innovation offers a 'tap and go' experience, compatible with both Android and iOS devices, making international payments as familiar as local payments.
kevin. is backed by Accel, Eurazeo, and other investors, including OTB Ventures, Speedinvest, Open Ocean, and Global Paytech Venture.
Commitment to the Ecosystem
kevin.'s goal is to empower all players in the payment ecosystem, including banks, digital wallets, retailers, and others. The company enables these entities to launch their own non-card independent schemes or expand their services by connecting to an existing network on the kevin. platform.
Contact Details
NettResults Public Relations
Nick Leighton
+1 949-478-5880
nick.leighton@nettresultsLLC.com
Company Website
https://www.kevin.eu/
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