QR codes to be used by Mobile Privat24 for contactless payments
announced the release of the latest version of its Privat24 mobile payments app for Android and Apple iOS devices, which is centered around QR codes. The service is available to smartphone using customers without a contract. The bank has made this latest launch in order to keep up with what it feels are the expectations of today’s customers. They believe that smartphones will become an important part of electronic banking, and that it won’t be long before a wide and growing number of customers will be expecting the opportunity to make contactless transactions.