One of Europe's Top Contactless Banks to Offer NFC Payments with Three Major Telcos in Spain

Large Spanish retail bank CaxiaBank has announced plans to launch NFC payments with the country’s three largest mobile operators, in what the bank bills as a first of its kind NFC project for Europe.

CaixaBank plans to offer Visa payWave contactless payment applications on SIM cards issued by Telefónica, Vodafone and Orange–telcos that make up 80% of Spain’s mobile market, noted the bank. The commercial launch will be one of the first real tests of how well consumers will take to NFC payments in the SIM-centric European NFC market.