equensWorldline NFC mobile payment solution soon to be available to Postbank customers

Mobile payment solution via near-field communication (NFC) for Postbank customers in Germany. High level of user comfort paired with security for payments made with Visa credit cards

Frankfurt am Main, Germany — 22 / 09 / 2017

From September 2017, Postbank will offer its customers the option to pay with their smartphones using NFC technology. The bank is one of the first on the German market to introduce Visa credit card payments based on Host Card Emulation (HCE) technology. Postbank will use the mobile payment solution created by equensWorldline, a subsidiary of Worldline [Euronext: WLN] that specialises in payment transaction processing. Postbank customers will soon be able to pay with their Android smartphones at all Visa contactless terminals.

The equensWorldline solution is intuitive and easy to use, both when activating the service and when making payments. The payment function is integrated into the existing Postbank app, and will become available to customers after a simple app update. The anonymised payment details are automatically loaded to the app and continuously updated. This means that the user does not need to enter any information manually or manage card details.

The dedicated equensWorldline mobile payment software development kit (SDK) ensures that the solution is secure by safeguarding each individual payment transaction. The solution also uses transaction numbers and one-time keys (tokens) that are valid only for a set period of time. In addition, it is the first solution with Visa in the HCE environment that requires "PIN on device" card holder verification and fingerprint recognition as a Consumer Device Cardholder Verification Method (CDCVM) during the payment process.

The equensWorldline NFC solution for smartphones is already being used successfully by other European banks. Postbank is now strengthening its relationship with its mobile and internet-oriented customers by introducing the equensWorldline mobile payment platform – and is therefore well equipped to face the future. Thanks to the continuous development of the equensWorldline mobile payment platform, the solution is compatible with other applications such as Android Pay and Apple Pay.

Wolf Kunisch, COO and Deputy CEO at equensWorldline: "We have had a trusting business relationship with Postbank since 1998 and have successfully implemented several projects since then. We are delighted to now support Postbank with our NFC solution for Android smartphones. When it comes to payments, end customers are calling for new, mobile and intuitive solutions. With the equensWorldline mobile payment platform, Postbank is now offering its customers an innovative solution for card-based payment transactions."

About Worldline

Worldline [Euronext: WLN] is the European market leader in payment and transaction services. Worldline provides next-generation services through which companies can offer their end customers innovative and smooth-running solutions. Based on over 45 years of experience in the B2B2C field, Worldline supports companies from all sectors and of all sizes, and helps them succeed in today's ever-evolving market environment. The company offers a unique and flexible business model that is based on a growing global portfolio and allows comprehensive support. The range of services offered comprise the three following areas: Merchant Services, Mobility & e-Transactional Services, and Financial Services. Worldline employs more than 8,600 people worldwide and generates an annual turnover of €1.5 billion. Worldline is an Atos company. worldline.com

Annemieke Lambregts

Annemieke Lambregts

Communications Financial Services

Juliane Zinke/Martina Kuckuk

Akima Media