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April 27, 2012updated 04 Apr 2017 4:14pm

Denizbank and Turkcell launch NFC initiative

Denizbank - the Turkish subsidiaryof Franco-Belgian bank Dexia is offering its customers an NFC payment product in collaboration with mobile network Turkcell According to mobileeurope.co.uk, the Denizbank-Turkcell alternative payment service does not require a password and the bank claims it to be easy, fast, and secure as customers activate the service via SMS

By Raphael Michilis

Denizbank – the Turkish subsidiaryof Franco-Belgian bank Dexia – is offering its customers an NFC payment product in collaboration with mobile network Turkcell.

The new contactless feature is powered by Turkcell’s Cep-T Cüzdan platform, and uses MasterCard PayPass technology.

According to mobileeurope.co.uk, the Denizbank-Turkcell alternative payment service does not require a password and the bank claims it to be easy, fast, and secure as customers activate the service via SMS. 

“People wishing to use Turkey’s first offline, no-name prepaid card can simply SMS to apply with their mobile phones and immediately start shopping with their prepaid cards,” Cenk Bayrakdar, the bank’s Chief New Technology Business Officer, told the website.

 

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