ABN Amro: Launching contactless payment

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ABN Amro: Launching contactless payment

ABN Amro: Launching contactless payment by wearable for all its retail customers

  • ABN AMRO is a Dutch bank with the third-largest bank in the Netherlands
  • First bank to offer wearables enabling their users to pay higher amounts at a POS/PIN
  • Wearables includes ring, watch or bracelet
  • The bank was testing these new wearables as a payment method with 500 of its clients
  • Customers can buy their wearables and link them to their accounts from bank’s website
  • The wearables that come with Mastercard-certified payment chips