ContactlessNews | RGB to launch Austria's first contactless credit cards

Wednesday, July 20, 2011

Raiffeisen Banking Group Austria (RBG) has announced that it will introduce contactless credit cards in Austria.

Starting in August, RBG will begin issuing MasterCard PayPass-enabled contactless cards, which can be used to tap and pay at contactless terminals throughout the country - no PIN or signature required.

According to RGB, the technology has already been successfully piloted at selected SV Group locations using hobex payment systems terminals.

RGB says it will work to expand the network of contactless acceptance points in the coming months.

With more than 2,200 branches, RGB is Austria’s largest banking group, representing approximately a quarter of the country’s entire domestic banking market.

HSBC starts roll out of contactless bank cards

HSBC announced that it will begin the conversion to contactless technology this month, replacing all customer banking debit cards, according to ThinkMoney.com.

The bank will start to roll out the new contactless cards to existing customers whose debit cards are due to expire this month and then continue the process as cards expire. Customers who don’t want a contactless card can opt out by contacting their bank before their current card expires.

CIBC, Rogers to launch Canada's first mobile wallet

The Canadian Imperial Bank of Commerce (CIBC) and mobile operator Rogers Communications are partnering to launch Canada’s first joint mobile payment solution, allowing Canadians to pay with their CIBC credit card at the point-of-sale using NFC-enabled smart phones.

Austria supermarkets introduce contactless payments

First Data and Austria-based organic foods supermarket chain, denn’s Biomarkt have partnered to introduce contactless card acceptance at denn’s Biomarkt stores.

The organic supermarket selected First Data to renew its point-of-sale terminal infrastructure with the installation of contactless payment readers. Using contactless technology, customers are offered greater speed and convenience at the check-out.

Austrian bank selects Gemalto for online banking security

Gemalto announced that Raiffeisen Banking Group, a financial institution in Austria, has selected the Ezio Edge Optic solution to secure its online banking services. Raiffeisen is the first Austrian banking group that offers digital strong authentication devices almost everywhere across Austria.

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