Poles are more likely to drop out of paying cash – Banker

Poles increasingly eager to use modern forms of payment. Paying proximity card is already on the market standard – the possibility of offering 80 per cent. cards and payment terminals. Increasingly common are also mobile contactless payments – to enable both phone manufacturers and banks to simplify their mobile systems. Contactless payments have a chance to gradually reduce the dominance of cash transactions. Today, for the first time in Poland is celebrated day without cash payments.

 

Poles are more likely to drop out of paying cash. Gain proximity cards and payments smartphone

– In Poland, contactless payments are already standard on the market in other European countries are not as common. It’s a matter of a few years, thanks to the efforts by payment organizations, banks and acquirers such payments were appreciated by the people of other countries. In Poland, due to the fact that more than 80 percent. Terminal accepts contactless payments, we are one of the world leaders in this field – emphasizes in an interview with the agency Newseria Business Bartosz Zborowski, director of the Office of Strategic Projects at Bank Pekao SA.

 

The report NetB @ nk shows that in Poland in the third quarter of 2015 years of 80 percent. all the cards (27.6 million after an increase of nearly 13 percent. yoy.) enabled contactless payment. The number of terminals that support such transactions increased during the year by 100 thousand. (By over 37 per cent.), And their market share exceeded 83 percent. Increasingly, credit cards are being replaced by smartphones.

 

– The Bank Pekao treat mobile payments as a more modern cards. Phone, you can pay not only in stationary shops, but also in the Internet, you can transfer money, withdraw from an ATM, you can always check your account balance and transaction history. Although customers rather gradually shifting from cash to cards, but there are also those who became friends with cards and gradually move to mobile payments – emphasizes Zborowski.

 

Although the market is still dominated by cash transactions (approx. 80 per cent.), The majority of Poles admit that they use cash less often than a year ago. April 5 for the first time in Poland will be celebrated A Day Without Paying cash. It’s part of a pan-European campaign under the auspices of the European Parliament. In the EU, the share of cash payments is 60 percent.

 

Experts acknowledge that modern forms of payment are likely to gradually reduce the high share of cash also on the Polish market, but they must be simplified, intuitive and safe.

 

– For the last years we observe a veritable rash of different methods of paying your phone. We had SMS, QR codes, six-digit codes, cards glued to the phone card installed on your phone or SIM contactless payments HCE. There was one standard – highlights Zborowski. – After more than three years of experience with mobile payments PeoPay we already know that the method that has the potential to become a standard, it must offer the customer convenience, reliability, speed, pay and be widely accepted not only in Poland but also in the world.

 

The dissemination of mobile payments take care of both manufacturers of smartphones, equipping them with modules NFC (Near Field Communication), and the banks that implement special applications. Bank Pekao SA is the first bank in Poland, has released the end of 2014. Mobile payments using technology HCE.

 

– contactless payments HCE is a method that allows people with smartphones with the module NFC mobile contactless pay as card. HCE means that the card details are stored on a server in the bank, so customers who download the app from the store PeoPay and activate it on your phone, you immediately begin to pay with – explains the director of the Office of Strategic Projects at Bank Pekao S.A.

 

So far, contactless payments were available for users of mobile phones with the Android operating system. Since February of this year. can use them also users of Windows 10 Mobile. It is the world’s first implementation of this operating system.

 

– After more than a yearly experiences and observations, as customers use phones to pay, we decided to further simplify the process itself paying. Now the payment already looks like the proximity card. Customer unlocks the phone screen, attaches to the terminal and the payment is made. An additional novelty is that now allow contactless payments also in situations where the phone has no coverage to the Internet or data on your phone is off – says Bartosz Zborowski.

 

In the case of transactions of less than 50 zł, as in the case of credit card is not required authorization code Epin terminal. PeoPay also allows fast transfers between users of the application to the phone number and the payment of more than 1,700 ATMs of Bank Pekao SA.