By Finextra
SIX Payment Services has issued a SIM-based virtual credit card for making mobile payments in Austria.
Thomas Csipkó, managing director and head financial industry services Austria says: “The mobile credit card is the next big step in cashless payment. Mobility has become an integral part of our society – people always have their smartphone close by – and so mobile payments have become the future of the industry.”
Existing PayLife card custiomers can can sign up for the virtual card via the online service portal “myPayLife.” The first year is free of charge, after which it costs EUR 0.90 per month.