KBC is the first Belgian bank with NFC payments




he Belgian bank KBC is the first in his own words with contactless payments using NFC chips in the debit card. However, the number of stores where all can actually be paid without contact, is still limited.

KBC launches under the name of ‘tap and go’ contactless payment from May 4th. Then KBC customers with a compatible card to make a transaction by holding only an NFC-compatible terminal. For payments under 25 euros No PIN is required. At amounts above 25 euros, the PIN must be entered, as if the customer has completed the limit of 50 euros NFC transactions. Also, customers can use the NFC payment function be completely off. KBC will eventually all two million debit cards replaced with NFC-compatible cards.

The number of stores where customers can KBC contactless payments, is as yet limited. Among others in the stores of Kinepolis and the librarything can be paid in this manner, as well as some of the company Parkeon parking meters. KBC announced that the number of stores where the NFC can only be paid, will be expanded. However, no concrete plans for further roll calls the bank. Worldline, a manufacturer of payment terminals, it will make equipment compatible with NFC technology.

In the Netherlands the major banks continue with the introduction of NFC payment options. Thus, virtually all new bank cards equipped with NFC chip and include ING wants NFC transactions via smartphones will allow. More and more payment terminals supporting NFC.


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