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Contactless payment applications are spreading around the world mainly to address low-value payments where speed and convenience are key factors of the user’s experience. Daily routine purchases such as fast food chains, vending machines, movie theaters, etc, are now approached in an easy way: By tapping your mobile phone to a terminal and done!
By moving forward, UniCredit Slovakia, in partnership with Gemalto, has launched the bank’s first commercial mobile payment deployment using Optelio Contactless Stickers. The bank part of the major financial institution UniCredit Group is the first to market with a contactless debit payment service in Slovakia. UniCredit Group is a leading European bank with strong roots in 22 countries and an overall global network embracing approximately 50 markets through over 9,600 branches.
The Optelio sticker is a microprocessor-based secure personal device that provides a compatibility solution to enable contactless functionality for handsets that don’t have contactless features built-in. By simply attaching the Optelio contactless sticker to their mobile phone, UniCredit customers will be able to use the contactless feature on payments under EUR 20, while larger amount transactions will require a PIN code. Payments can be made in fast food restaurants, cinemas, supermarkets and other retail outlets across the Slovakia. The Optelio contactless sticker has achieved MasterCard certification and complements a full set of Gemalto services already available for mobile payment.
Optelio stickers present an easy way for banks to enter the contactless
payment world, since the technology is inside the chip and no manipulation to
the actual phone is needed. Therefore no partnership with telecommunication
companies is required.
So by combining diminutive size with the highest communication performance with
the terminal, Gemalto’s Optelio contactless sticker has been designed to work on
any handset model. Gemalto also provides sticker personalization, packaging and
delivery to the end user as part of the high quality service that characterizes
Gemalto.
To see how easy is to use Optelio Contactless Stickers please click here.
Optelio Contactless Sticker
Opening up the contactless marketplace [PDF - 558kb]
What are contactless stickers? How can you use them to pay?
Jul 17| UniCredit Uses Gemalto's Contactless Sticker for Mobile Payment in Slovakia
