Contactless Cards in Finland

October 25th, 2012

Credit cards

payment cards use near field communications instead of traditional swiping
methods. Contactless payments in Finland are
in their infancy but gradually are being
accepted by the public.  The Lounaskortti
voucher, a benefit for employees used to buy
meals, will re-launch at the end of 2012 in a
contactless card format and banks such as
OP-Pohjola Group are shipping new debit cards with contactless technology.
Although many terminals in Finland do not accept contactless cards, forecasts
predict 200,000 terminals will handle the cards by 2015.

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