First Data has expanded its partnership with Raiffeisen Bank
Poland.
The electronic commerce and payment processor
will provide the Polish bank with card payment processing services
to support the bank with implementation of a new contactless card
programme.
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This new offering will be expanded to include
contactless payments functionality with the introduction of Visa
payWave payment cards.
A joint statement said that the card will be
used to make quick low-value cashless payments at thousands of
merchant locations across Poland and all over the world.
Raiffeisen Bank Poland said that the service
meets the needs of its customers by providing what it says is a
safe and convenient product.
“The number of merchants offering the
convenience of contactless cashless payments, which forgo PIN
entry, is gradually increasing,” said Grzegorz Dlugosz, board
member at First Data’s business in Poland.
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By GlobalData“Thanks to this ability to reach new market
segments, which previously did not accept cashless payments,
contactless cards are becoming increasingly popular in Poland and
are another step toward replacing cash payments with payments made
using cards.”
First Data and Raiffeisen Bank Poland have
worked together for over ten years, with First Data providing the
technology for a range of outsourcing services for using and
processing of debit, charge and credit cards.
