Digicash launches Beacon mobile payments using SEPA Credit Transfers

Digicash, a bank-led mobile payment scheme, has launched a pilot-project using the Beacon model in Luxembourg.

Digicash Beacon POS devices combine Bluetooth, NFC and QR Code technologies. This new feature is integrated with Digicash Apps that are issued by retail banks. Payments are made using SEPA Credit Transfers straight from the payer’s current account.

Digicash is testing the new Beacon solution under field conditions together with three retail banks; BCEE, POST and BIL.