European software specialist Tieto has helped Raiffeisen Bank become one of the first banks in Bosnia and Herzegovina to provide contactless payment services for Visa cards.
Visa is working with Raiffeisen Bank in Bosnia and Herzegovina
With the Card Suite solution developed by Tieto, Raiffeisen Bank in Bosnia and Herzegovina was able to introduce contactless cards in the market with an additional option of gradual credit repayment. This extra option was implemented through the Tieto’s Card Suite Instalments solution.
This expansion of the bank’s services provids cardholders with an opportunity of not only making quick payments by tapping the terminal, but also gradually repaying the card’s credit balance. When a purchase amount is less than the set limit, cardholders will not be required to enter their PIN, but if the purchase limit is exceeded, then an additional security measure like PIN entry will be required for successful authorisation.
The post Raiffeisen Bank, Tieto enable contactless Visa cards across Bosnia and Herzegovina appeared first on Payments Cards & Mobile.
