The solution allows the bank's customers to carry payment cards on their keychains, making for fast and convenient payments up to USD 66 without entering a PIN. Customers would be required to hold the keychain in front of the Point-of-sale devices (PoS) during payment, like tapping the card. For payments above USD 66, customers need to tap, followed by their PIN.
Currently, the keychain will be linked to the operative account of the customers. However, as part of the second phase of the launch, CUB is planning to integrate the keychains with prepaid/credit cards to serve non-CUB customers as well.
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