trilium banner March 2012
     

By Scott Thompson

Six German banks are set to launch Visa payWave-enabled contactless services.

BW Bank, comdirect, DKB, Landesbank Berlin, TARGOBANK and Volkswagen Bank have confirmed their plans for a contactless roll-out by the middle of 2012.

“The retail industry in Germany has almost completed its switch to EMV technology. The implementation of contactless and NFC represent the next step in our journey towards the future of payments,” says Ottmar Bloching, general manager Germany at Visa Europe. “Our work in other European markets has shown that contactless technology reduces queuing time and helps customers pay more quickly, conveniently and above all, securely.”

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Other stories you may find of interest:

Lloyds joins the contactless cards brigade
Lloyds TSB has jumped on the contactless payments bandwagon and introduced the technology on its VISA debit cards to current account customers within the M25

News in Brief December 2010
A round-up by FST

Poles keen/Brits cool on contactless
Consumers in the Middle East and Poland are keener on new payment technologies than those in the UK/Ireland, Germany and Australia

bankers accuity may 2012


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