NXP Enables NFC and Secure Internet Payment for Consumers

NXP Enables NFC and Secure Internet Payment for Consumers 
NXP Teams With Intel and MasterCard to Promote Faster, Secure and
Easier Online Payments Through NXP's Market-Leading NFC Solution 
EINDHOVEN, THE NETHERLANDS -- (Marketwired) -- 11/19/13 --   NXP
Semiconductors N.V. (NASDAQ: NXPI) today announced that the PN544PC,
a derivative of the most widely adopted near field communication
(NFC) radio controller (PN544), is being integrated into select new
computing devices. Intel's 4th Generation Core(TM) platform with
Intel(R) Identity Protection Technology (Intel(R) IPT) together with
the embedded NXP NFC solution will provide a basis for secure and
convenient e-commerce transactions. This feature will let online
shoppers using MasterPass(TM), the new digital service from
MasterCard(R), pay by simply tapping their MasterCard contactless
card or NFC-enabled mobile phone against the built-in NFC reader and
securely complete the transaction with positive identity
authentication via Intel(R) Identity Protection Technology. 
Forecasts from eMarketer predict that online shoppers in the United
States will spend a staggering $262 billion in 2013, which represents
an impressive 16.4% year-on-year growth. Of the $262 billion over
16%, or $41.68 billion, will come from mobile commerce; purchases
made on a smartphone or tablet.  
Intel co-specified NXP's PN544PC to capitalize on the expanding
e-commerce opportunities and, through close collaboration with
MasterCard have powered a convenient and versatile solution for e-and m-commerce. Use of the solution with MasterPass provides
additional security safeguards for online purchases. Chip-enabled, or
contactless, credit cards have already significantly reduced fraud in
card present or face-to-face transactions. Now, Intel(R) IPT provides
additional layers of security and identity authentication on top of
those already provided by MasterPass ensuring that the NFC-enabled
contactless card based transactions for online shopping are fast,
simple and protected. 
"Intel(R) IPT provides a powerful authentication component for strong
two-factor authentication for the online shopping experience, and is
widely regarded by security experts as a more secure approach than
software-only authentication and more convenient than hardware
tokens," said Praveen Vishakantaiah, VP and GM, Client Solutions and
Technologies, Intel PC Client Group. "So not only is the online
shopping experience on a 4th generation Intel(R) Core(TM) processor
based device with a NXP NFC solution improved and more convenient for
shoppers, but it is a safer transaction. People can rest assured
their shopping websites know it's really them."  
"This is truly the next wave in NFC-enabled user experience.
Combining our deep understanding of NFC with our global leadership in
secure banking solutions helps deliver exactly what consumers are
asking for -- a secure and easy way to shop online," said Rutger
Vrijen, vice president and general manager, RFID tagging and
infrastructure business, NXP Semiconductors. "Continuous innovation,
advanced technologies and ultra-secure transactions will transform
how we shop online and, by working with industry leaders, such as
Intel and MasterCard, NXP remains at the forefront of developments." 
NXP's NFC solutions continue to grow the NFC ecosystem with mobile
phones, tablets, notebooks and now, Ultrabooks(TM) 2-in-1 and
All-In-One PCs. NFC-enabled Intel based computing devices are now
available from major computing device manufacturers.  
NFC is a market-proven, standardized technology co-invented by NXP
and Sony in 2002. NXP is at the center of this ecosystem, fuelling
its development by partnering with major handset and equipment
manufacturers, mobile OS providers and applications developers. NXP
is the global leader in secure banking solutions, and leverages its
leadership in contactless and security technologies to provide
complete and trusted smart life solutions.  
For more information, visit:
 NFC Solutions from NXP 
 Secure Banking
Solutions from NXP
 Intel Ultrabook
 Intel Identity Protection
Technology
 MasterPass by MasterCard 
About NXP Semiconductors
 NXP Semiconductors N.V. (NASDAQ: NXPI)
creates solutions that enable secure connections for a smarter world.
Building on its expertise in High Performance Mixed Signal
electronics, NXP is driving innovation in the automotive,
identification and mobile industries, and in application areas
including wireless infrastructure, lighting, healthcare, industrial,
consumer tech and computing. NXP has operations in more than 25
countries, and posted revenue of $4.36 billion in 2012. Find out more
at www.nxp.com.  
Forward-looking Statements 
 This document includes forward-looking
statements which include statements regarding NXP's business
strategy, financial condition, results of operations and market data,
as well as other statements that are not historical facts. By their
nature, forward-looking statements are subject to numerous factors,
risks and uncertainties that could cause actual outcomes and results
to be materially different from those projected. Readers are
cautioned not to place undue reliance on these forward-looking
statements. Except for any ongoing obligation to disclose material
information as required by the United States federal securities laws,
NXP does not have any intention or obligation to publicly update or
revise any forward-looking statements after NXP distributes this
document, whether to reflect any future events or circumstances or
otherwise. For a discussion of potential risks and uncertainties,
please refer to the risk factors listed in NXP's SEC filings. Copies
of NXP's SEC filings are available from the SEC website, www.sec.gov. 
For further press information, please contact: 
NXP Semiconductors 
Global: 
Eureka Endo 
+44 795 828 7483
eureka.endo@nxp.com 
NA: 
Hillary Cain
+1 408 518 5227
hillary.cain@nxp.com  
GC: 
Jannet Chen
+86 21 22055883 
jannet.chen@nxp.com 
APAC: 
Preeti Gupta
+65 6603 9022
preeti.gupta@text100.com.sg