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Switzerland gets first contactless debit card

Pan-European payment solution provider SIX Payment Services has teamed with Hypothekarbank Lenzburg to launch the first contactless debit card in Switzerland.

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SIX Payment Services has helped to launch Switzerland’s first contactless debit card

In partnership with SIX, Hypothekarbank Lenzburg has replaced its entire portfolio of 22,000 debit cards with new dual-interface Visa V PAY cards that enables both contactless and regular transactions.

SIX is supporting the Hypothekarbank Lenzburg with a package that includes consulting services for the specification of the high security chips as well as the central project co-ordination with Visa as the card scheme and the personalisation bureau, along with full issuer processing services.

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