Good NFC news to all Taiwanese! Cathay United Bank recently launched a trial for mobile payments and transit in Taipei, Taiwan. The project enables bank customers to use their mobile phones to make contactless payments at local stores and to access the Taipei public transit system. The NFC-capable microSD cards used as a secure element in this project are supplied by G+D Secure Flash Solutions (G+D SFS). Cathay United Bank provides the participants of the trial with NFC-capable HTC Incredible E NFC smartphones and issues Mobile Security Card SWP microSD cards developed by G+D SFS. The Mobile Security Card SWP microSD card is the 1st in Taiwan that is compliant with MasterCard PayPass standards. This card has been approved for this trial project, which allows users to pay at popular local convenience and department stores by simply tapping their HTC phone on a specially equipped merchant terminal.