A national SIM-based NFC mobile payments app called Mobile Maestro (called Bankomatkarte Mobil) that is enabled by Payment Services Austria (PSA) and supported by Austria Card has been launched.
The newly launched app allows cardholders in Austria to make transaction just by waving their mobile devices in front of a contactless payment terminal.
The app, which will be available on Android mobile phones running version 4.1 or higher, can be used at over 250,000 PayPass outlets globally, including 35,000 contactless point-of-sale (POS) terminals in Austria.
Austria Card, in a statement, said that the company takes care of all security relevant aspects, including sensitive key management, PCI DSS compliant network infrastructure, and monitoring of the Trusted/Business Service management (BSM) system.
Austria Card chief commercial officer Konstantinos Lagios said: “Mobile Maestro will set the next era in mobile payments, since it combines increased convenience with high security and will be made available to Austrian cardholders. We would like to thank PSA for trusting Austria Card with such a significant project.”
PSA CEO Rainer Schamberger said: “We are proud that we are the first to introduce a nationwide mobile payment scheme. We thank Austria Card, our long-standing partner for supporting us with their extensive expertise in payments technology.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData