Raiffeisen Bank selects Antelop for Android-based NFC payments

Raiffeisen Bank has collaborated with France-based Antelop Solutions and has announced the launch of an Android NFC mobile payments service, RaiPay NFC payments service,  in Romania and the Czech Republic using the French supplier’s digital payments and tokenization platform. The bank has stated that it aims to expand the mobile payments solution in a bid to include Antelop’s Strong Customer Authentication (SCA) solution.

“RaiPay is a new type of lifestyle banking and payment app, where NFC is the first key element. Our strategy is to launch our own digital payment service in Europe, with the aim of completely reinventing the way we interact with our customers. We chose to partner with Antelop as they demonstrated unique technical expertise in digital payments and tokenization,” said Tomas Janitor, head of business and innovation at Raiffeisen Processing Center (RPC).