Wirecard has launched boon, its new mobile payment solution for Android smartphones in Spain and Ireland.
The solution allows consumers to make mobile payments at any NFC-enabled point-of-sale terminal accepting MasterCard Contactless. It is supported on NFC-enabled Android smartphone with OS 4.4 or above.
The solution is based upon a Wirecard Card Solutions-issued digital prepaid MasterCard, and can be topped up through credit card or bank transfer.
Plans are on to eventually include loyalty offers and financial services to the product, including microcredits and peer-to-peer (P2P) payments.
boon has already been rolled out in Germany, Austria, Belgium and the Netherlands.
Further, Wirecard has also introduced boon.protect that addresses security concerns by authorising all transactions with a PIN number.