May 04, 2020 BY Steffy Bogdanova

Smart Payment Association proposes instant payment card solution in Europe

SPA’s proposals would make real time transfers available to consumers in-store using an Instant Payment Card or smartphone app – in the same way as using the contact or contactless functionality on conventional chip and PIN debit or credit cards today. The proposals by SPA offer an approach, compliant with existing EMV standards and that…

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