QIWI and Visa have implemented a new stage of their strategic partnership, which has resulted in integration of Visa payWave’s contactless technology into Visa QIWI Wallet.
Now e-wallet customers can pay using their NFC-enabled mobile devices operating on
Visa and QIWI mass launch of contactless phone payments
Android 4.4 or higher in stores, cafes, cinemas, and hundreds of thousands of other points of sale equipped with contactless terminals worldwide.
Visa QIWI Wallet account can be topped up in any of more than 100,000 QIWI kiosks throughout Russia, by linking a bankcard, or from a mobile phone account. The contactless Visa payWave solution is preinstalled in the new version of the e-wallet. Those who have already installed the Visa QIWI Wallet application need only to download the latest update.
“Contactless payment technology is gaining increasing popularity. According to analysts, almost 600 million NFC-enabled phones will be sold in 2015. Even today, contactless payments volumes amount to billions of dollars worldwide and we are pleased that through our partnership with Visa, we are able to offer our users this promising and convenient technology for their everyday purchases,” comments Anna Stoklitskaya, Managing Director of QIWI Group.
“Over the past year, the number of transactions made with Visa payWave in Russia has increased four times, while their volumes have increased seven-fold. Moreover, in СЕМЕА, Russia ranks first in terms of the penetration of contactless payments made with Visa payWave cards,” continues Andrew Torre, country manager for Visa Russia.
The post Visa and QIWI mass launch of contactless phone payments appeared first on Payments Cards & Mobile.
