In October 28, 2014, NXP semiconductor (NXP SemiconductorsN.V. NASDAQ:NXPI) MIFARE DESFire chip is Taiwan love card company adopted, applied to the new generation of electronic ticket -icash2.0. The electronic ticket match the integral plan,provide a more rapid, convenient, secure shopping experiencefor local consumers. Consumers expect fast service, if retaileradopts the non-contact (or inductive) payment, consumers only need to use contactless smart card can be fast and convenientto complete the transaction, not only can get the shoppingexperience of ascension, but also give retailers the rapid processing of multiple transactions in a short period of time.

In order to infrastructure providing security services, NXP recommends retailers use card reader chip and MIFARE SAMAV2, in order to provide safe storage core server key and the background of the link. General manager of intelligent mobileand retail division NXP semiconductor company Martin Gruber said: "NXP is very happy to cooperate with love LF125KHZ card company, to provide the most advanced technology of non contact type, let consumer shopping process more quickly and convenient.Compared with the past, now consumers want more quickly and effectively complete the daily shopping, and ensure the safety of transactions. NXP and Taiwan love card companies jointly launched the latest Icash 2 can meet the demand of the consumers, and promote the use of convenience and safety.

Not only that, MIFARE DESFire chip with Taiwan electronic money bag issue regulations and standards, so that love cardcompany to be the fastest and most efficient way to launch icash2.0."