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New Mobile Payment Solution Available in the Netherlands

By Martin Schuppelius

Multicard, supplier of credential and identity solutions, announced the expanded roll‐out of its mobile payment solution across the Netherlands. The service called “Cashless Betalen” is the account management solution behind the digital wallet offered by the Dutch Rabobank.

Digital wallet customers will be issued a near field communications (NFC) sticker that can be affixed at the back of a mobile phone. To purchase items, the user taps the device on the point of sale (POS) terminal at check out. The Cashless Betalen interface can be accessed with any Internet connection or an app available for iOS and Android . It allows users to manage their accounts, checking account balances, transferring funds and depositing, monitoring and making payments on their mobile devices.

The service initially started in Dutch hockey clubs in July. According to the company, there are already more than 150,000 people using the digital wallet. “If widely adopted in Holland, we believe that Cashless Betalen would represent the largest digital wallet community outside Japan in the near term,” commented Pieter Kooistra, managing director of Multicard Netherlands.

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