kevin. Makes History with First iPhone NFC Account-to-Account Transaction

kevin. has made history by successfully executing the first NFC account-to-account transaction on an iPhone, a significant technological milestone in the world of mobile payments. In a financial world where convenience and security are paramount, kevin. has reached a new pinnacle by executing the first non-Apple Pay NFC payment on an iPhone. This technological leap follows the pressure from the European Commission on Apple to democratize NFC access. This comes after years of Apple’s strict control over NFC technology on iOS devices had stifled third-party competition.

Pavel Sokolovas, co-founder of kevin., emphasized the magnitude of this moment: ‘Overcoming the final barriers of NFC payments on iOS devices represents a true milestone. We are immensely proud to be the first to provide account-to-account transactions using Apple’s NFC, giving consumers the power to choose how they pay.’

In January 2022, kevin. made waves by enabling this innovative payment method for Android users, a move praised for its originality and push towards an open payment ecosystem. Now, with regulatory changes underway, kevin. quickly obtained authorization under Apple’s NFC Rights Program and embarked on development in their controlled environment.

Just six weeks after the launch of Apple’s program, kevin. celebrated the successful execution of the experimental transaction in development mode, setting the stage for what could revolutionize point-of-sale interactions. Sokolovas outlined the technical journey: ‘We have been rigorously developing within Apple’s architectural framework. Our team worked tirelessly to integrate our kevin. technical solution within Apple’s host card emulation (HCE), including security standards, transaction validation, and much more to create a seamless experience that allows users to transact from their banking or wallet apps.’

The European Commission continues to monitor feedback from early developers like kevin. as it anticipates the official start of a broader NFC implementation. This scrutiny underscores the Commission’s dedication to fostering innovation and fair competition in the sphere of mobile payments. Looking ahead, the industry anticipates an increase 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 device payment platforms — a fundamental reconfiguration of how transactions are conducted worldwide.

kevin. is a visionary technology company that is reforming legacy payment systems for the needs of tomorrow. From its headquarters in Europe to the recent expansion in the bustling financial center of Dubai, kevin.’s mission has been consistent: to offer reliable end-to-end technology and significant transaction fee savings without changing how people pay. The introduction of its multi-tenant, brand-agnostic payment acceptance network marks a significant shift for consumers and businesses alike, granting autonomy and value without the hindrances of legacy technology.

kevin. has redefined international payments, ensuring a secure and seamless 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 ones.

kevin. is backed by Accel, Eurazeo, and other investors, including OTB Ventures, Speedinvest, Open Ocean, and Global Paytech Venture.

The article does not include any email addresses, phone numbers, or invitations to contact the company.

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