August 19, 2013

Dutch banks rush mobile payments system into production

Filed under: General by Branko Collin @ 1:06 pm

The three major Dutch banks—ING, ABN Amro and Rabobank—are set to introduce ‘mobile payments’ to unsuspecting consumers in two weeks, Volkskrant reports.

To use the system consumers must have an NFC-capable mobile phone. The banks hope that by introducing this new payment method they get to be the gatekeepers that determine the price tag.

It is not clear from the article which stores will accept mobile payments. The paper mentions a trial period in Leiden. Spokesperson Margo van Wijgerden of Mobiel Betalen in Leiden tries to maximize the confusion by saying: “It is not a trial. There will be an evaluation, but mobile payments will continue after the initial phase.”

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