Austria’s top financial Institution, Raiffeisen Bank, is beefing up the consumer experience with 1,200 new Diebold Nixdorf automated teller machines (ATMs) equipped with advanced bill payment and contactless functionalities such as quick response (QR) codes and near field communication (NFC) readers. With these technical enhancements, the Raiffeisen Group is aligning its self-service delivery channel to the…
ams and STMicroelectronics say ARM is using the companies’ NFC solution to provide the secure, high-performance NFC and micro controller functionality in its new wearable reference design. The NFC solution developed jointly by ST and ams is comprised of the ST54E from ST, a system-in-package featuring an NFC controller (NFCC) and a secure element compliant…
Austria-based ams has unveiled a new NFC (Near Field Communications) solution for manufacturers of smart watches, wristbands and other space-constrained devices, enabling them to reliably support contactless payments and ticketing.
Austria’s BAWAG PSK has become one of the first banks in Europe to introduce cardless cash withdrawals at ATMs in all its branches. The technology enabling the new service is Wincor Nixdorf’s software platform PC/E with a smart client component that runs on the ATM, and a server component that authorizes the withdrawal via the code.
MERKUR, an Austrian supermarket chain that is part of the German REWE Group, will equip its high-volume stores with innovative NCR self-checkout solutions.
While posting conservative growth in the number of payment cards and transaction volume over the past five years, Austria presents substantial growth opportunities for the cards and payments industry.
McDonald’s Austria goes with the launch of the order-app “Quick Mac” in terms of service one step further. Order, pay, pick up: Immediately get there in just three quick steps by means of smartphone to the McDonald’s products. After selection of food in the App Payments are made via paybox, PayPal or credit card. A short time later, the order over the desired restaurant is served in a specially marked area on the counter or in McDrive.
Pay.On and EVO Payments International (EVO) card payment acquirer and payment service provider partnered to provide small to medium merchants an easy interface to a payment solution that has all the advantages of the latest payment technology.EVO combines strong acquiring, processing and consulting skills on its European platform with the proven expertise of its parent company in the SME area. PAY.ON offers comprehensive technology expertise, from an omnichannel and PCI-compliant payment platform, through to the universal interface COPYandPAY, to the integration of country-specific payment methods and highly efficient risk tools and a number of shopping plugins to the payment-specific expansion of shopping systems. EVO and PAY.ON have created a full service offering to meet the needs of these merchants, through EVO’s payment processing platform which offers the acceptance of a variety of cards, giropay and additional payment methods as well as anti-fraud measures.
paysafecard.com Wertkarten AG continued the success of previous years by achieving record results in 2013. This further establishes the company’s position as the European market leader for prepaid solutions for online payments, and showcases paysafecard as one of Austria’s globally successful companies. Last year’s total turnover of €116.4 million is the highest in the history of paysafecard, and represents an increase of 13% on the previous year’s turnover. paysafecard products were used for 68 million payment transactions around the world in 2013 – a year on year increase of 23%. A significant step taken in 2013 was the launch of the online payment account my paysafecard in 22 countries. With my paysafecard, paysafecard allows users to manage their purchased PINs via a single account. This gives users the best possible overview of their current balance and past transactions, as well as allowing them to pay online simply and easily with only a username and password.
Michael Mueller, co-founder and, for the last nine years, CEO of paysafecard group, has reached the decision to leave the board of the company at the end of February 2014. Udo Mueller will take over the position of CEO. Michael Mueller co-founded paysafecard group in 2000, with the aim of developing a safe and convenient prepaid method of payment for the Internet. The group, headquartered in Austria, became one of only a few leading internet and financial services companies globally, combining innovation with sustainable economic success. The company, whose main product, paysafecard, is available at 450,000 locations in 37 countries, currently employs approximately 200 employees and was acquired by the Skrill Group in 2013.
NCR consumer transaction technologies announced Wolfgang Kneilmann as the new VP for it financial services line of business in Europe. Having started his career at NCR, Kneilmann worked in various sales and management positions for more than 11 years. In 2001, he joined Swissrisk AG, a European software specialist, as a member of the management team. He oversaw sales and marketing for banking-specific software solutions from 2001 until early 2007. In March 2007, he returned to NCR to become managing director for Germany, Austria and Switzerland.
Payleven mobile card payments has expanded its offering and will offer the Chip & PIN card reader to all Austrian retailers and merchants. The payleven solution is targeted towards small and medium sized enterprises, who want a way to accept card payments. It is easy, economical, mobile and most importantly, secure. With payleven, not only merchants, but also private individuals can accept card payments. Once the card reader has been purchased, merchants will only be charged 2.75% per transaction. There is no need for a stationary internet connection which makes the device truly mobile. Furthermore, because the customer is required to enter their PIN, the payment is secure. The transmission process is similar to the one on a traditional POS- terminal.