Vladimír Urbánek (Kurzy.cz)
Personal finance  |  April 16, 2013 11:19:32

UniCredit: interest of retailers in new payment terminals is significant, contactless payments quarterly increased six-fold


Czechs can now pay at merchants through 74,000 card terminals and approximately 30% had already enables contactless payments. Czech Republic is among the countries where the emergence of new technologies on the rise. Interest in this type of payment is increasing the trader and the consumer, and UniCredit Bank it was able to respond flexibly - currently handles approximately 12% of the Czech market with contactless payments. When comparing the data for the third and fourth quarter of last year, the bank recorded an increase of contactless payments by a staggering 575%.

Terminals with contactless payment function installs the Bank since the summer of last year. Allow transactions via contactless cards and mobile phone that supports NFC PayPass and PayWave standards. "Our terminals are not only compatible with NFC, but also other systems for contactless payments that are on the market. It is a universal solution, and interest is huge, "says Teresa Kuklíková, Manager Acquiring UniCredit Bank.

Terminals with contactless functionality from UniCredit Bank can be used in strings such as McDonald's, Paneria, Agip, Rossman, Reno, Tchibo , Orsay, Mango or Puma. Total, there are about 2,500 POS terminals. The whole of Europe is now in operation approximately 400,000 contactless terminals.

The Bank is also involved in the actual combat, which can significantly transform the Czech market with the delivery of packages: "Project Magic Cupboard, which offers self-service pick up packages purchased in e-shops mostly in non-stop mode, we have provided the technology to receive payments. For now it is about 15 points of sale, we expect that by the end of the year, the number zněkolikanásobí "Kuklíková states.

Interesting point of view also provides a comparison with other countries. In the Slovak Republic has approximately 11,500 contactless terminals, which is almost half as compared to the Czech Republic. They are used, first of all inhabitants of Bratislava or other large cities. Are most widespread in shopping centers and large chains like Billa, Lidl or COOP.

Petr Plocek
Spokesperson / Press Spokesperson
UniCredit Bank Czech Republic as

NFC

NFC (Near Field Communication) is a technology that is used for wireless communication between electronic devices over short distances. Has great potential in areas such as contactless payment transactions or data exchange.

PayPass

MasterCard PayPass is a new contactless payment technology that allows you to pay by credit card quickly, safely and comfortably even small amounts to CZK 500 without the need to enter the PIN.

PayWave

Visa payWave enables you to "contactless" payments using a standard credit or debit card. In this case there is no need to insert the card into the terminal, to sign or enter a PIN.

Terminals from UniCredit Bank contactless features are first installed in April 2013 these sales networks: CeWe Color, Clair's, KiK Textiles,   Mango, Orsay, Paneria, McDonald's, Ben Pharmacies, Auto Kelly, Agip petrol station, Food Pear, Puma, Reno, Rossmann and Tchibo.

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