SIX Payment Services has launched the payments processing tech behind the world’s first dual Maestro and MasterCard display card with contactless and e-commerce functionalities. The card has been created for Belgium's Banca Monte Paschi Belgio (BMPB) and went live last week.
The PaschiCombo card combines three key functionalities: Integration of both debit and credit card capabilities onto a single card using one single chip; Enablement of NFC transactions via the PayPass contactless payments platform; Built-in passcode display screen, generating individual number sets for 3D secure e-commerce transactions.
Dino Albanese, member of the management committee at Banca Monte Paschi Belgio, says: “With their extensive knowledge of the card issuing business and experience in realizing innovative products, the team at SIX Payment Services contributed a great deal to develop and launch this sophisticated product. Their effectiveness in consulting on the technical and commercial possibilities, as well as their capability to implement, has allowed us without any doubt to issue the most innovative card in the world. We achieved our goal in bringing a truly unique payment solution to our cardholders, one that will make life easier and more secure for them.”
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