ABN AMRO and ING to launch contactless cards with Maestro PayPass

Working with ABN AMRO and ING

Dutch banks, ABN AMRO and ING will launch contactless cards enabled with Maestro PayPass in the Netherlands by mid-2013 (view press release). PayPass users are able to tap their cards against payment terminals allowing payment details to be exchanged within seconds. The banks expect that by the second half of 2013, consumers will be able to pay with their smart phones at the cash register.

“Consumers and retailers really appreciate the speed and ease of contactless payments,” said Gijs Schreuder, Director of Consumer Payments ABN AMRO.

“This is a unique development, with two banks individually launching contactless payments in a country,” said MasterCard Benelux Manager, David Dechamps.  “Thanks to MasterCard’d collaboration with two of the leading retail banks, Netherlands will become the largest PayPass debit card country in Europe. This is a great development for both consumers and merchants alike in the Netherlands.”

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