Raiffeisen Bank has launched an Android NFC mobile payments service, RaiPay NFC payments service, in Romania and the Czech Republic.
The payments service uses Antelop Solutions’ digital payments and tokenisation platform. The bank plans to expand its service to customers in Bulgaria and Serbia.
Go deeper with GlobalData
The bank plans to extend the service to include Antelop’s Strong Customer Authentication (SCA) solution.
Raiffeisen Processing Center head of business and innovation Tomas Janitor said the quality of Antelop’s PCI DSS certified VTS/MDES platform and their SDK security levels, coupled with their agility and responsiveness, meant that they were able to deliver an impressive time-to-market for such a complex, multi-country solution.
Janitor said: “Antelop is now a long term technology partner and we are already working together on additional solutions for RaiPay, including leveraging Antelop’s PSD2 Strong Customer Authentication solution for 3DS e-commerce payments.”
Antelop’s Visa VTS and Mastercard MDES certified Issuer TSP Hub are also leveraged to offer Apple Pay to Raiffeisen Bank’s customers in Slovakia. Work is also now underway to introduce the service in more countries.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAntelop CEO Nicolas Bruley said: “We are honored to have the trust of one of the biggest banking groups in Europe and to be their long term technology partner for both digital payments and strong customer authentication.”
