Austria Card powers Erste Bank’s NFC payment strategy

Austria card_wearableErste Bank and Sparkassen are now offering payment devices such as their BankCard Micro and BankCard Sticker to the Austrian market. At their core lies technology from Austria Card. Riding the wave of the large-scale roll-out of contactless cards and infrastructure, as well as a nation-wide mobile debit card offering, the bank is now giving its customers further alternatives for NFC-payments.

“The contactless sticker and the BankCard Micro with wristband are the perfect complements to our mobile payment portfolio. We thank our long-standing partner Austria Card, who has professionally supported us through the entire NFC-evolution and managed to design solutions to our specific needs,” Wolfgang Zeiner, Product Manager Cards at Erste Bank.

The BankCard Micro, which is embedded in a rubber-wristband, is the smallest water-resistant debit card in the world and was particularly designed for Erste Bank by Austria Card. It is ideal for usage in sports or at events and festivals. “We strive to help our customers to differentiate themselves. Erste is the first in the market to offer contactless payment in all form factors. They have a well-rounded package – there is a product for every client,” commented Dr. Christoph Paul, Head of Banking at Austria Card.

With the sticker-product, called the ACE Mobile Tag, Austria Card and its partner Schreiner PrinTrust have developed a bridging technology between traditional plastic payment cards and mobile payment solutions. The NFC-sticker enables customers to easily add the contactless payment function to any object – whether it is a wallet, a phone, or a key fob, meaning even non-NFC-functionality phones can instantly be turned into mobile payment devices.

Richard Stooß, Senior Business Development Manager at Schreiner PrinTrust said, “We are happy to see that the sticker is now also available in Austria. In other European markets it has already been a success story. Only last year the sticker received the Elan Award from the International Card Manufacturer Associaton (ICMA). This distinguished recognition by industry experts underscored that our innovative NFC-sticker exactly meets the current demands of the market.”

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Categories: Contactless Payments, Near Field Communications, Wearable Computing

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