Bank Asya, Watchdata launch microSD payment solution in Turkey
17 December, 2010
category: NFC
Turkey’s Bank Asya is partnering with smart card technology solutions provider Watchdata to launch a microSD-based mobile payment solution in Turkey.
The solution, called DIT Mobil, enables customers to conduct transactions at the point of sale by simply tapping their mobile phone against a MasterCard PayPass compatible reader.
The new solution is the latest member of Bank Asya’s DIT Card family, which the company launched to provide city cards, campus cards and mass public transportation solutions to Turkey.
DIT Mobil incorporates Watchdata’s SDpass technology, which allows the implementation of multiple payment applications, such as retail and transportation, on a single portable device. According to Watchdata, the system will be used in all EMV contactless terminals including Bank Asya’s bus validators, ferry turnstiles, taxis, KGS tollway gates and more.
“Mobile Phones and Payment Cards are the most indispensible assets of modern life. With DIT Mobil, we have gathered the advances of both environments in one solution,” says Cemil Özdemir, President and CEO of Bank Asya.