CaixaBank has expanded the range of its mobile payment service with the launch of CaixaBank Pay, a new app for any NFC-enabled or android devices.

The new app is based on HCE (Host Card Emulation) technology, which allows for secure downloading of financial cards.

To use the service, customers must first download the CaixaBank Pay app, available free from the bank’s app store, CaixaMóvil Store, and Google Play. Then, they must download their card to their phone.

The bank estimates that the service could be used by over 70% of its mobile banking customers.

With the new payment app, customers can download their CaixaBank Visa cards to their mobile phones and use the phone like a contactless card for purchases at any retail outlooks with an adapted POS terminal, the bank said in a statement.

Over 70% of stores in Spain now operate with this technology, implying more than 600,000 POS terminals. The app can also be used at contactless ATMs.

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In addition to making payments, CaixaBank Pay users can also check their statements and manage their purchases. The bank added that CaixaBank Pay will add new m-commerce payment functionalities, offering users a more flexible online shopping experience with their phones.

CaixaBank also revealed that it is also developing other value-added services related to mobile payments for the app.