Russian banks pilot contactless payment stickers for iPhone users - NFC World

STICKER PILOT: The NFC stickers alteration Russian shoppers to marque contactless mobile payments again

Apple users with accounts astatine 2 Russian banks volition soon beryllium capable to connect an NFC outgo sticker to the backmost of their iPhone that enables them to marque contactless payments for goods and services with their smartphone.

Sberbank and Alfa-Bank are to trial the stickers aft customers were nary longer capable to marque contactless mobile payments due to the fact that a fig of payments services were withdrawn pursuing Russia’s penetration of Ukraine.

Visa and Mastercard stopped servicing cards issued by Russian banks and some Apple Pay and Google Pay suspended support for contactless mobile payments made utilizing Mir cards issued by Russia’s National Payment Card System successful March 2022.

“The sticker attaches to the iPhone and looks similar a regular slope card, but respective times smaller,” Russian media outlet TAdviser reports.

“The paper fig and transaction confirmation codes are not connected the sticker.

“You tin wage with a sticker wherever determination is simply a terminal for contactless payments — successful a store, cafe, hairdresser and truthful on. And you tin besides retreat currency from ATMs with contactless authorisation.”

About 100,000 slope customers are to instrumentality portion successful the trial and the banks volition past marque a determination astir whether to enactment the stickers into commercialized cognition aft “further refining the product”, according to TAdviser.

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