SIX Payments Services develops multifunctional payments card

Cashless payment solutions providers SIX Payment Services is launching payment processing technology that will see the introduction of a dual Maestro (debit) and MasterCard (credit) display card with added contactless payments and secure e-commerce functionalities (view press release).

The new service has been created for Belgian bank Banca Monte Paschi Belgio (BMPB). The PaschiCombo universal card product has three key functions which are; integration of both debit and credit card capabilities onto a single card using one single chip; enablement of NFC transactions via the PayPass contactless payments platform and built-in passcode display screen generating individual number sets for 3D secure e-commerce transactions.

Dino Albanese member of the Management Committee at Banca Monte Paschi Belgio said that the collaboration with Six Payment Services has resulted in the development of a unique and innovative card. He added: “We achieved our goal in bringing a truly unique payment solution to our cardholders, one that will make life easier and more secure for them.”

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