BBVA launches NFC payments based on Visa HCE specifications

Tuesday 1 July 2014 11:14 CET | News

BBVA, a global financial services corporation, has launched a commercial NFC payments service that makes use of Visa’s cloud-based payments specifications.

Customers in Spain with an Android NFC handset can use host card emulation (HCE) to make contactless payments. The service is set to be extended to customers in the US, Mexico and Chile later in 2014.

Customers with a mobile phone running Android 4.4 or later need to download the latest version of the BBVA Wallet app to begin making NFC payments. The bank is also making contactless stickers available to customers without a suitable mobile phone.

As well as contactless payments, the BBVA Wallet app also provides customers with notifications for each transaction made, finance options for purchases, discounts and offers.

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Keywords: BBVA, NFC, payments , Visa, HCE, cloud, Host Card Emulation, contactless, mobile, phone, finance, wallet
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce