Austria Card powers Erste Bank's NFC payment strategy
Vienna, July 2016 - Erste Bank and Sparkassen are offering the innovative products BankCard Micro and BankCard Sticker to the Austrian market; at its core lies technology by Austria Card. Riding the wave of the large-scale roll-out of contactless cards and infrastructure, as well as a nation-wide mobile debit card offering, the bank is now giving its customers further alternatives for NFC-payments.
Wolfgang Zeiner, Product Manager Cards at Erste Bank: "The contactless sticker and the BankCard Micro with wristband are the perfect complements to our mobile payment portfolio. We thank our long-standing partner Austria Card, who has professionally supported us through the entire NFC-evolution and managed to design solutions to our specific needs."
Payment with the flick of the wrist
The BankCard Micro, which is embedded in a rubber-wristband, is the smallest water-resistant debit card in the world and was particularly designed for Erste Bank by Austria Card. It is ideal for usage in sports or at events and festivals - no need to carry a wallet with you.
"We strive to help our customers to differentiate themselves. Erste is the first in the market to offer contactless payment in all form factors. They have a well-rounded package - there is a product for every client," says Dr. Christoph Paul, Head of Banking at Austria Card.
Enabling any object for mobile payment
With the sticker-product, the so-called ACE Mobile Tag, Austria Card and its partner Schreiner PrinTrust have developed a bridging technology between traditional plastic payment cards and mobile payment solutions. The NFC-sticker enables customers to easily add the contactless payment function to any object - whether it is a wallet, a phone, or a key fob. Thus, even phones that do not support NFC-functionality can instantly be turned into mobile payment devices.
Richard Stooß, Senior Business Development Manager at Schreiner PrinTrust: "We are happy to see that the sticker is now also available in Austria. In other European markets it has already been a success story. Only last year the sticker received the Elan Award from the International Card Manufacturer Associaton (ICMA). This distinguished recognition by industry experts underscored that our innovative NFC-sticker exactly meets the current demands of the market."
About Austria Card
Austria Card is the partner of choice for payment, government, enterprise, retail and public transport organizations in need of the most sophisticated and secure smart cards and digital security solutions. The company designs, produces, and personalizes payment cards, ID cards, access/transport-related cards, as well as loyalty cards, and offers innovative mobile payment solutions as a certified trusted service management provider.
Austria Card is part of the Austria Card AG. It also comprises Inform, the regional leader in the information management and document processing business, founded in Athens in 1897.
About Schreiner PrinTrust
Schreiner PrinTrust, a business unit of Schreiner Group GmbH & Co. KG based in Oberschleissheim near Munich, Germany, develops and markets specific functional and security labels for system suppliers and service providers focused on identification and authentication solutions. The unit’s activities are centered on customers such as card manufacturers, RFID system integrators and suppliers of products for government authorities. Schreiner PrinTrust’s portfolio is focused on customized self-adhesion products and services for PIN protection, NFC-stickers for contactless payment, RFID solutions for automatic vehicle identification, as well as products such as vignettes, stickers and transfer seals serving as proof of payment of official fees or as access authorization.