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Austria Card supports first nationwide mobile payment scheme

18 martie 2016

Mobile Maestro (called Bankomatkarte Mobil), a Near Field Communication (NFC) mobile payment app enabled by Payment Services Austria (PSA) and supported by Austria Card, is launched.

„Following a successful field trial in Linz (Upper Austria), Maestro cardholders in Austria are able to make payments just by waving their mobile devices in front of a contactless payment terminal.”, according to the press release.

Konstantinos Lagios, Chief Commercial Officer at Austria Card: “Mobile Maestro will set the next era in mobile payments, since it combines increased convenience with high security and will be made available to Austrian cardholders. We would like to thank PSA for trusting Austria Card with such a significant project.”

Available for Android, international acceptance

Mobile Maestro will be available on Android mobile phones running version 4.1 or higher. The service can be used in the more than 250,000 PayPass outlets worldwide, including 35,000 contactless point-of-sale terminals in Austria. “We are proud that we are the first to introduce a nationwide mobile payment scheme. We thank Austria Card, our long-standing partner for supporting us with their extensive expertise in payments technology”, says Dr. Rainer Schamberger, CEO at PSA.

In order to ensure the highest security standards, a secure element within the mobile phone holds all sensitive information. The datacenter is hosted by Austria Card and is certified by Visa and MasterCard for mobile provisioning. Moreover, Austria Card takes care of all security relevant aspects which include sensitive key management, PCI DSS compliant network infrastructure, and monitoring of the Trusted/Business Service management (BSM) system.

Austria Card is the partner of choice for payment, government, enterprise, retail and public transport organizations in need of the most sophisticated and secure smart cards and digital security solutions. The company designs, produces and personalizes payment cards, ID cards, access/transport-related cards, as well as loyalty cards, and offers innovative mobile payment solutions as a certified trusted service management provider.

Austria Card is part of the Austria Card AG. It also comprises Inform, the regional leader in the information management and document processing business, founded in Athens in 1897.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?