News
Citi Handlowy Offers MasterCard PayPass Contactless Debit Card
On March 1, 2009, Citi Handlowy began to offer holders of a
personal account the MasterCard PayPass contactless debit card. One of the most
innovative products of this type on the market, the Citi Handlowy MasterCard PayPass
contactless debit card, linked to the holder’s personal bank account, offers
functionality of contactless payments, a microprocessor that speeds secure
transactions, a robust discount program and the possibility of connecting the debit
card with a foreign currency account in €uros. As of March 1, 2010, each holder
of the personal account at Citi Handlowy may exchange the existing card for the new
MasterCard PayPass debit card free of charge.
On March 1, 2009, Citi
Handlowy began to offer holders of a personal account the MasterCard PayPass contactless
debit card. One of the most innovative products of this type on the market, the Citi
Handlowy MasterCard PayPass contactless debit card, linked to the holder’s personal bank
account, offers functionality of contactless payments, a microprocessor that speeds
secure transactions, a robust discount program and the possibility of connecting the
debit card with a foreign currency account in €uros. As of March 1, 2010, each
holder of the personal account at Citi Handlowy may exchange the existing card for the
new MasterCard PayPass debit card free of charge.
The new Citi Handlowy
MasterCard PayPass debit card concludes non-cash transactions in a few seconds. Payments
with contactless cards (not exceeding the amount of PLN 50) do not require entering a
PIN code or signing the terminal printout. The client does not have to hand the card
over to the seller but simply places the card in front of the PayPass reader. This is
possible because contactless cards are equipped with a special transmitter so there is
no need to insert the card in or swipe through the terminal.
For greater safety,
contactless payments exceeding PLN 50 require confirmation by a PIN code or a signature
on the terminal printout.
The safety of transactions is guaranteed by the
microprocessor. The new cards link to a personal account are equipped both with the
magnetic strip and microprocessor. Such solutions allow the clients to use the card at
readers servicing chip cards and those which just service magnetic strip cards. At Citi
Handlowy, PIN code is set by the clients through CitiPhone banking, Citi Handlowy ATMs
or through Citibank Online.
Clients with a Citi Handlowy account can exchange
their existing debit card for a contactless card by calling CitiPhone or making a
request through Citibank Online. Such card exchange is free of charge for the
client.
Currently, MasterCard PayPass contactless cards are accepted in Poland at
McDonald’s restaurants, EMPiK stores, Zabka stores, CoffeeHeaven café chain, and
Kolporter press stores.
The MasterCard PayPass contactless card is used by more
than 70 million people worldwide in more than 200,000 accepting locations equipped with
PayPass technology.