Italy-based SIA has been selected by German banking platform solarisBank to facilitate the launch of new contactless debit cards that can improve electronic payment solutions in Germany.
Under the agreement, SIA’s technology platform will oversee the transaction process which is done using payment cards issued by solarisBank for its customers.
The newly launched NFC debit cards will feature an advanced service to prevent and manage fraud, disputes and chargebacks. It also has 3-D secure authentication tool for all online payments.
“SIA will also shortly make available to solarisBank more products and services like payment cards in other currencies and issuing in various countries,” SIA said in a statement.
solarisBank chief product officer Jörg Howein said: “With its experience and know-how, SIA is a great partner for solarisBank to launch state of the art payment cards. The partnership is representative of our approach of including first-class companies on our banking platform.
“We’re excited to start serving our partners with our new card product and look forward to expanding our partnership with SIA into the development of further electronic payment solutions.”