NXP and Renesas have expanded the licensing agreement on NXP’s MIFARE technology. This agreement is aiming to build momentum for the availability of advanced payment and Near Field Communication (NFC) offerings in contactless infrastructures. As a historical MIFARE licensee, Renesas now has further access to NXP’s entire MIFARE family. MIFARE a contactless technology worldwide, providing flexibility and security in the automatic fare collection, access management, event ticketing and customer loyalty markets. Renesas plans to provide a full range of security products with MIFARE to meet the requirements of mobile and contactless payment industries world-wide.