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Zielpunkt launches PayPass in Austria
by NFC Admin, Mittwoch, 7 Dezember 2011
Austria’s retailer Zielpunkt introduces MasterCard’s contactless credit card payment system Paypass in its stores starting December 6th. Raiffeisen, one of Austria’s largest Banks, is issuing the required card to be used with this terminal. Currently the credit card is a prepaid MasterCard which has to be top up before usage. The terminal used in this rollout is the Vivotech Vivopay 5000.
These payment terminals can also be used with mobile phones which are NFC enabled and have the required PayPass applet in the secure element. The terminals can only be used for payments below 25 EUR as the terminals don’t have PIN pads in order to enter the required PIN code required for a full EMV transaction. Thus it is especially interesting that this system was installed at a discounter, where people tend to by more (e.g. do the weekend shopping).
The major benefit for the customer is a quicker checkout process at the POS. Anyway, about 70 % of all transactions are cash at the supermarket according to Mr. Satek from Zielpunkt therefore queues will probably not get any short.
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