For some time, Wireless Dynamics Inc. has been pushing cases that enable NFC on iPhones, and the Canadian company announced today the availability of the third generation of its iCarte iPhone accessory. The new iCarte 520 is for use with the iPhone 5 and enables iPhones to interact with NFC smart posters, exchange information with other NFC phones, and make payments using NFC.

In order to securely store payment data, the iCarte 520 contains an embedded smart-chip that can be configured for debit, credit, prepaid and loyalty cards, Wireless Dynamics said.

The iCarte 520 also has obtained Visa compliance for commercialized deployment, allowing FIs who issue Visa-branded cards to deploy iCarte commercially so customers can use their iPhones as contactless Visa debit or credit cards.

“Obtaining MFI certification and Global Visa Compliance on the iCarte 520 is very important for our customers, as it allows them to confidently deploy their mobile payment services to their iPhone users” said Ambrose Tam, CEO of Wireless Dynamics Inc. “We will continue to work with financial institutions, mobile network operators and our partners to provide convenient and secure applications and services to their customers."

Wireless Dynamics has provided its iCarte line of NFC cases to several banks and wireless providers who wanted to deploy mobile payments — include iPhone users. Unlike most other manufacturers, Apple has resisted including NFC as a technology on its iOS devices; accessories like the iCarte case are the only way iPhone users can use the technology.

Additionally, Wireless Dynamics said there are more than 35 applications available through the Apple App store that work with the iCarte case to make mobile payments, read RFID tags or manage access.

Read more about contactless/NFC.