Digital-only bank platform N26 announced its customers may now use their new cards to make payments without waiting for the physical one to arrive in the mail. Speaking about the new feature, the N26 team stated:
“With N26, you can already control your finances from the comfort of your four-walls—and now, we’ve developed another handy feature that makes this experience that little bit more flexible. To help you out if you’re not leaving the house or your area is experiencing postal restrictions, new and existing customers can now pay with their new card without waiting for the physical one to arrive in the mail.”
What does this mean exactly?
„It’s simple. If you’re a new customer and you’ve just verified your N26 account, you can now add your new card straight to your mobile wallet. Once that’s done, you’re ready to start making card payments right away—we just recommend that you use our quick and easy top up options first to make sure you have funds available in your account.”, according to the press release.
Although you won’t be able to withdraw cash from ATMs or use CASH26 quite yet, you can enjoy spending up to €200 a day with the mobile wallet on your smartphone, for up to 30 days. To continue using it after this time is up, just make sure that you’ve activated your physical card when you get it.
„To get started, all you have to do is find the digital version of your card under Card Settings in the N26 app, and select Add to Google Pay or Add to Apple Pay. And that’s it, easy!”, the company added.
Previously, you could only make card payments once your Mastercard was delivered after a few days. Now, you can skip the wait and use your account immediately—it’s almost as if you already had your physical Mastercard in your pocket all along.
N26 then added that if customers have upgraded to one of its premium N26 You or Metal accounts or reordered their card because it was lost or stolen, they can also continue making card payments with their existing account while they wait for their physical card.
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:
