Seven news stories.
• Should Deutscher Sparkassen- und Giroverband (DSGV) be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should Deutscher Sparkassen- und Giroverband (DSGV) be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
The European Payments Initiative (EPI) is to begin piloting a digital wallet that will enable users to make instant person-to-person (P2P) payments in Germany and France as a first step towards rolling out a unified payment system that will support “a comprehensive range of transaction types” across Europe... More
Sixteen major European banks have announced plans to jointly create a new company that will be tasked with delivering “a seamless, competitive and unified payment solution” for in-store, online and P2P payments across Europe... More
Mobile payment: Sparkassen wants iPhone NFC, but no Apple Pay — Heise Online (translation) — “Apple must open the NFC transmission standard to other payment services, the savings bank association has demanded… Sparkasse offers its own mobile payment app, which until now has only been available for Android devices due to Apple’s NFC blockade. ‘Ultimately, smartphone payments should be possible on all devices, without technical hurdles and restrictions, so that customers can easily choose the right solution for them,’ the association argues.”
Sparkassen launches mobile payments via smartphone — Deutscher Sparkassen- und Giroverband (translation) — “We have 45m girocards in circulation — and all of them can be used for mobile payments. This makes us a pioneer in Germany in terms of availability and distribution of a mobile payment solution,” says Helmut Schleweis, president of the German Savings Banks and Giro Association (DSGV). In Germany, around 75% of the card terminals are equipped with the corresponding interface for contactless payment, with millions of terminals available worldwide.”
Mobile payment: Sparkassen app to be available at the end of July — Heise Online (translation) — “A beta version is currently available in the Android Play Store. However, this only works with the accounts of selected savings banks whose employees and customers are putting the system through its paces. At the launch date at the end of July, around 300 savings banks will be there, a spokesman for the savings bank subsidiary S-Payment told Heise Online… Because the savings banks are following their own plans for mobile payment, their customers can not use their credit cards with Google Pay.”
G+D Mobile Security enables the German savings banks finance group to provide mobile payment for their member banks — Giesecke & Devrient — “Prior to the commercial launch next year, a mobile payment pilot program with ten issuing savings banks went live in September. With this pilot, the savings banks will test the functionality, operations and user experience of the end-to-end mobile payment solution. In the nationwide commercial phase, Girocard mobile (Girocard is the most used payment card in Germany) and other schemes will be supported.”
The German Savings Banks and Giro Association (DSGV) is to convert all its customers’ debit cards into contactless payments cards, as a forerunner to the introduction of NFC payments, Der Handel reports... More