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Santander unveils the world’s first NFC wallet to offer both Visa and MasterCard payments

1 martie 2012

March 1, 2012 – The banking giant, the eighth largest in the world, has partnered with Orange for the development and introduction of the first NFC payments solution to support cards issued by both Visa and MasterCard. Banco Santander, the Spanish arm of banking giant Santander Group, has announced the world’s first NFC payments service that allows users to load credit and debit cards issued by both Visa and MasterCard onto their mobile phone.

The new service will allow customers to shop with their phone at any Visa or MasterCard merchant equipped with an NFC-compatible contactless terminal anywhere in the world and, because the service supports both credit and debit cards, they will be able to make purchases for any amount. The service is being pilot tested initially at the bank’s Ciudad Grupo Santander headquarters complex in Madrid as well as in stores in the city’s Boadilla del Monte area.

Pilot participants will be issued with BlackBerry NFC phones that they can load with a selection of MasterCard and Visa „cards”. They will then be able to select the card they wish to use each time they make a purchase at a restaurant, retail store or vending machine as well as manage their passwords and access their accounts through a link to Santander’s mobile banking platform. A range of information services, delivered via NFC smart posters, will also be available.

The Santander Group is the world’s fourth largest bank by profits and eighth by stock market capitalisation and has operations in Spain, the UK, Portugal, Brazil, Chile and Mexico. The system was developed in collaboration with mobile network operator Orange as well as Oberthur Technologies, payments processor Redsys and POS terminal maker Ingenico as well as RIM, Visa and MasterCard.

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Cifra/Declaratia zilei

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:


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?