Contactless Smart Cards, RFID, Payment, Transit and Security

ABN AMRO piloting contactless debit cards

Monday, June 14, 2010

Dutch bank ABN AMRO is piloting MasterCard’s Maestro PayPass contactless payment technology, according to The Financial.

Maestro will allow ABN AMRO customers to make cashless card payments of up to EUR 25 without entering a PIN.


The Financial says that the current trial will be followed by an internal pilot among the bank’s employees in fall 2010, and the results of both will inform the development of new ABN AMRO debit cards.

Read more here[end] 

A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

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K-Plussa launched an upgraded, contactless version of its cash card to provide a faster and easier shopping experience for costumers at the checkout. K-Plussa is a customer loyalty programmed in Finland offering benefits to its customers from over 3,000 shopping places and over 40 business partners.

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Credit Agricole, a retail banking group based in Paris, is teaming up with Gemalto to launch a large-scale deployment of contactless EMV banking cards in France.

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German bank, Sparkasse will pilot contactless payments for its bank credit card users, reports Venture Village.

Locations in Hannover, Braunschweig and Wolfsburg will be some of the first for the trial, which begins in April. More than 1.3 million customers will receive the new bank cards complete with contactless functionality.

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Visa Europe has announced that six of Germany’s leading banks are launching Visa payWave contactless services in 2012.

BW Bank, comdirect, DKB, Landesbank Berlin, TARGOBANK and Volkswagen Bank have all confirmed their plans to roll out payWave technology by the middle of next year.

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Mobile payment solution provider I Love Velvet announced that it has reached the second level of EMV certification (EMV2) which authorizes PIN and integrated chip payments from debit, credit and smart cards around the world.

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