Using your car key as a credit card?

Oct 22, 2008

(PhysOrg.com) -- BMW Group Research and Technology and NXP Semiconductors, the independent semiconductor company founded by Philips, have unveiled a prototype of the world’s first multifunctional car key. The prototype features contactless payment, personalized access control, and advanced functionalities including public transport e-ticketing, to deliver an enhanced mobility experience. Powered by NXP's Smart security chip, the prototype – for the first time – allows drivers to perform quick, secure and convenient electronic payments with a car key, creating exciting new usage scenarios for future consumers.

In the future, car owners may benefit from the ease-of-use of contactless payments for ad-hoc transactions including general shopping, paying for your petrol, public transport, parking and road tolls, replacing the need for cash or additional cards. NXP will demonstrate the car key prototype at its booth during the CARTES & IDentification show in Paris from 4th to 6th November 2008.

By turning the car key into a personalized credit card, many additional mobility scenarios become possible. The future consumers will be able to securely gain access to personal data and be authorized for personalized in-vehicle online services in any BMW vehicle that they own or drive. The personal credit card key may also be temporarily registered with other cars. Renting or sharing cars becomes very convenient, even more as personalized authorizations and service settings can be automatically activated in these vehicles. Moreover, when public transport tickets are loaded to the personal key, this device becomes a companion for seamless mobility.

“With the concept of integrating contactless payment functionality in a car key, we are working on the combination of automotive technology and lifestyle,” said Prof. Raymond Freymann, managing director of BMW Group Research and Technology. “In cooperation with NXP we are doing research in enhancing the capabilities of the car key into one smart device for access, payment, and services that will simplify the lives of BMW car drivers in future. It will help us to stay in touch with our drivers directly and deliver a complete range of mobility-enhancing services.”

Featuring smaller antennas than standard smart cards, NXP’s Smart P5CD081 series is an ideal solution for integration into a broad range of different form factors. The integrated dual-interface chip, which will be EMV compliant and Common Criteria EAL 5+ certified by the German Federal Office of Information Security (Bundesamt für Sicherheit in der Informationstechnik), ensures that the credit card application complies with the highest security requirements.

Provided by NXP Semiconductors

Explore further: LG Chem's super-efficient OLED lighting has life of 40,000 hours

add to favorites email to friend print save as pdf

Related Stories

Europe readies 'space plane' for sub-orbital test flight

Sep 09, 2014

The European Space Agency on Tuesday put the final touches to its first-ever "space plane" before blasting it into sub-orbit for tests aimed at eventually paving the way to the continent's first space shuttle.

Robots lending a helping hand to build planes

Aug 26, 2014

Trying to squeeze into small enclosed areas, carrying out highly repetitive tasks, retiring with back injuries even while your expertise is needed: these everyday realities of working in aviation construction ...

Recommended for you

Google to test cars without a driver

23 hours ago

Google plans to begin testing its new prototype of a self-driving car - which, unlike earlier models, doesn't require a back-up driver - at NASA's Ames Research Center, just a few miles from the tech company's ...

Self-driving cars now need a permit in California

Sep 16, 2014

Computer-driven cars have been testing their skills on California roads for more than four years—but until now, the Department of Motor Vehicles wasn't sure just how many were rolling around.

Index ranks Japan Asia's most efficient innovator (Update)

Sep 12, 2014

A new index ranks Japan as the most efficient among Asian countries in turning the building blocks of creativity into tangible innovations that benefit their economies and people while Myanmar, Pakistan and Cambodia are least ...

Making travel quick, safe for cars, bikes, walkers

Sep 10, 2014

Cellphones that warn drivers when people are crossing in front of them. Bicycles and cars that communicate with traffic lights. Sensors in cars that quickly alert other drivers to black ice, potholes or other ...

Tech giants bet on 'smart home' revolution

Sep 10, 2014

It's long been the stuff of science fiction, but tech giants hope the "smart home", where gadgets talk to each other and the fridge orders the milk, will soon become reality.

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

DGBEACH
not rated yet May 01, 2009
Whatever happened to this device?