First mobile credit card, PayLife 0100, launched in Austria
First mobile credit card comes to Austria
SIX Payment Services brings to market PayLife 0100, Austria’s first mobile credit card.
The first year is free of charge, after which it costs €0.90 per month.
The new offering is “a result of the increase in contactless payments”, SIX says, and will “simplify contactless payment and cash withdrawal”.
PayLife 0100 is available on Android smartphones, and is can be used to make payments on all contactless enabled devices worldwide (as well as online).
The PayLife 0100 name is a nod to PayLife, SIX’s consumer brand in Austria.
“The mobile credit card is the next big step in cashless payment,” believes Thomas Csipkó, MD and head of financial industry services, Austria and CEE, at SIX.
