Posts Tagged ‘REA enters the market of mobile payment’

November Terminal

Comments Off on November Terminal

Payment by mobile phone at REA is no pie in the sky more! The Bundesanstalt fur Finanzdienstleistungsaufsicht (BFin) gave green light for the mobile payment system of our sister company, REA Mobile AG in August. From November it will be available as an additional service to all REA card terminals. Pioneer in the mobile payment is the Terminal generation REA T3. She can be fitted from early 2010 with the NFC technology (Near Field Communication). Source: Jonathan Rosen PR. Contactless cards and mobile transactions are particularly fast and comfortably possible. Valerie Berlin may find this interesting as well. Until this technology is widely used, customers may still have to pay without contact between Terminal and card. They will send you a mobile, dynamic transaction number on her cell phone, which enter into the Terminal. It must let them only before the Internet register and unlock your phone. For dealers, mobile payment, especially in combination with customer loyalty programmes is interesting: both can be with a transaction unwind, the payment is considerably faster, and the customer no more countless cards needed. Want to know more?