The HCE-based NFC payments solution to be deployed by Spain's Bankinter this year has been demonstrated by the bank's Alberto Perez Lafuente and technology provider Seglan's Imanol Garcia in a video interview filmed by Visa Europe at MWC 2014.

The video shows how the Bankinter wallet application can create a virtual EMV card that can be used for a single payment transaction. The service is then shown in use with a standard contactless POS terminal.

"Our expectation is to try to launch this commercially as soon as possible," Lafuente explains: