Polish banks launch competing mobile payment services

Monday 13 July 2015 | 10:54 CET | Author: Bart Garvelink | Background
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Poland has become a growth market for mobile payment. NFC at point-of-sale is wide spread and the number of active users for m-banking has doubled in the past year. Since 2010, the banks in the country have used the switch to EMV to upgrade to dual mode cards that support chip and contactless payment over Near Field Communications (NFC). M-payment is following the upswing of contactless at point-of-sale. Several mobile operators have developed their mobile payment services and offer card payments in cooperation with banks. Six leading banks have joined forces to develop a proprietary

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Categories: Mobile & Wireless
Companies: ING Bank / Oberthur Technologies / Orange Poland / T-Mobile Poland / Visa
Countries: Poland
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