SANTA ANA, Calif., ISMANING, Germany and EINDHOVEN, Netherlands, Oct. 9, 2012 (GLOBE NEWSWIRE) -- Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV) and NXP Semiconductors N.V. (Nasdaq:NXPI) today announced that they are providing innovative near field communication (NFC) payment tags to Yeldi Softcom Pvt Ltd to support the launch of its 'ara eTap' cashless payment application in India. The NFC payment tags are affixed to the back of a mobile phone to enable cashless "tap and pay" transactions.
Yeldi Group Selects Identive And NXP For Launch Of First Major Mobile NFC Cashless Payment Solution In India
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