MBNA now becomes issues EMV-enabled contactless credit cards for all three payment networks – American Express, MasterCard and Visa.
The move is part of a phased initiative by MBNA to issue contactless-enabled cards for new and replacement credit cards for all of its UK customers.
Bank of America Europe Card executive Ian O’Doherty said they are delighted to offer a world first in providing EMV-enabled contactless credit cards across the three major payment networks. It is a sign of the firm’s global commitment to innovation and to delivering for their customers.
MBNA claims that it has added layers of security to its customers’ credit cards. Contactless cards cannot be used until a PIN is entered on first use. Payments are limited to up to GBP15 per transaction, and customers will occasionally be asked to enter their PIN for security purposes.
