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News

Türk Ekonomi Bankasi to deploy HCE for contactless payments

Thursday 26 March 2015 10:34 CET | News

Turkey-based financial institution Türk Ekonomi Bankasi (TEB) is to launch a mobile contactless payment application using Visa Europe’s host card emulation (HCE) functionality.

HCE allows users to perform contactless transactions using card data stored in the cloud rather than on the device. The bank’s customers will be able to make Visa contactless payments at more than 2.4 million contactless terminals across.


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Keywords: Türk Ekonomi Bankasi, HCE, contactless, payments , mobile, mobile payment, Host Card Emulation, Visa Europe
Categories: Payments & Commerce
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