Switzerland: Hypothekarbank Lenzburg, SIX Payment Services launch contactless debit card

Wednesday 24 December 2014 09:11 CET | News

Hypothekarbank Lenzburg and card processor SIX Payment Services are launching the V PAY contactless debit card in Switzerland.

At the start of December 2014, Hypothekarbank replaced all Maestro cards with a dual interface V PAY card, which can be used for both contact and contactless payments.

Swiss bank customers started using the V PAY Visa debit card in 2014. Raiffeisen has already issued the cards to its customers and UBS rolled out V PAY in mid-October 2014. SIX is supporting Hypothekarbank Lenzburg with a package covering issuing processing and chip consulting; it also acted as a link to the Visa Card Scheme and the card personalizer. The dual card with chip and antenna will now spread throughout Switzerland from Aargau.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Switzerland, Hypothekarbank Lenzburg, SIX Payment Services, contactless debit card
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce