Germany-based technology provider for the banking industry Giesecke & Devrient (G&D) has developed a sticker for mobile phones, enabling contactless payment even if the device itself is not NFC-enabled. The Deutsche Genossenschafts-Verlag is supplying the new technology to the banks as part of a trial conducted by the cooperative financial group.
The sticker was developed for the German market. It runs on the Secure Chip Card Operating System (SECCOS), and fully meets the specifications of the German banking industry. G&D’s payment sticker is certified for MasterCard PayPass, allowing users to use the existing contactless payment infrastructure with more than 350,000 PayPass Terminals in 37 countries worldwide. Depending on the requirements of the issuing bank, the stickers can be configured as prepaid, debit, or credit cards.