21 September 2017
Visit http://response.ncr.com

Austrian telco to extend NFC payments programme to the high street point-of-sale

18 April 2012  |  4537 views  |  0 mobile keypad

Telekom Austria is to extend its established paybox NFC scheme for parking and transit payments to the merchant point-of-sale.

Paybox, which is operated by the telco's own mobile subsidiary A1 and fully-licensed Paybox Bank, will initially make the service available to 5000 customers for shopping in selected McDonald's restaurants and stores of supermarket chain Merkur.

The scheme, which will utilise NFC stickers or the SIM on selected mobile phones, will enable users to make contactless payments to a value of EUR25 without the need of a PIN.

After a testing phase, A1 Telekom Austria says it will roll out the programme to other retail partners.

It will compete directly with Raiffeisen Bank, which is working with Visa and Cardis to launch its own iPhone-based mobile wallet service by the end of this quarter.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

EC opens 'in-depth investigation' into UK telcos' mobile wallet plans

EC opens 'in-depth investigation' into UK telcos' mobile wallet plans

13 April 2012  |  9022 views  |  0 comments
New Zealand telcos partner Paymark on NFC m-payments

New Zealand telcos partner Paymark on NFC m-payments

02 April 2012  |  5367 views  |  0 comments
Qatar gets SIM and sticker-based contactless m-payments

Qatar gets SIM and sticker-based contactless m-payments

06 March 2012  |  7086 views  |  0 comments
Isis signs up terminal manufacturers

Isis signs up terminal manufacturers

05 March 2012  |  10570 views  |  0 comments
Belgian m-payments project killed off

Belgian m-payments project killed off

24 February 2012  |  9174 views  |  0 comments
Austria's RBI preps mobile NFC roll out

Austria's RBI preps mobile NFC roll out

27 January 2012  |  6991 views  |  0 comments
Dutch banks and telcos push NFC m-payments back to 2013

Dutch banks and telcos push NFC m-payments back to 2013

02 December 2011  |  8219 views  |  1 comments
Swedish telcos form m-payments JV

Swedish telcos form m-payments JV

18 November 2011  |  8025 views  |  0 comments
Japanese telco NTT Docomo takes stake in German bank

Japanese telco NTT Docomo takes stake in German bank

04 November 2011  |  6726 views  |  0 comments
South Korean telco rolls out NFC iPhone case

South Korean telco rolls out NFC iPhone case

23 September 2011  |  8564 views  |  0 comments
Canadian wireless carrier Rogers files for banking license

Canadian wireless carrier Rogers files for banking license

07 September 2011  |  9667 views  |  0 comments
Hungarian mobile wallet association established

Hungarian mobile wallet association established

26 July 2011  |  8513 views  |  0 comments
O2 seeks UK license for mobile money play

O2 seeks UK license for mobile money play

03 February 2011  |  12884 views  |  0 comments
French telcos form e-payment JV

French telcos form e-payment JV

03 February 2011  |  11332 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.vasco.comvisit www.capgemini.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
12189 views comments | 26 tweets | 41 linkedin
Equifax hack: Visa and Mastercard flag 200k compromised credit cardsEquifax hack: Visa and Mastercard flag 200...
10840 views comments | 6 tweets | 17 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9468 views comments | 6 tweets | 3 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8065 views comments | 18 tweets | 26 linkedin
UAE banks pool cyber security dataUAE banks pool cyber security data
8039 views comments | 5 tweets | 4 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job