BPI launched the first bracelet in Portugal that allows payments at any participating establishment Visa network throughout the world, announced the bank in a statement sent to newsrooms this Thursday, July 28th.
the device, developed in partnership with MoneyToPay, allows bank customers can make purchases without having to take with money or any type of card.
Through with contactless technology, customers only have to approach the bracelet Automatic Payment Terminal (TPA). “This bracelet works as a prepaid card, so it is usable only up to the pre-loaded balance, without any access to the account of demand deposits, features that provide security to the user,” said the institution in the same statement.
the secret personal identification number (PIN) will only be required for payments above 20 euros or in specific situations, details.
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