Banco Sabadell launches Sabadell Wallet

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Spain’s Banco Sabadell has launched Sabadell Wallet, a product using NFG technology to enable smartphones to process payment that can be used at any  Point Of Sale Terminal (POST) fitted with contactless technology.

Users will be able to make purchases in the 800,000 shops across Spain that are currently provided with a POST.

Sabadell Wallet is customised for use on smartphones with Android operating system (at least in KitKat version) and NFC availability. For smartphones which do not have this technology, Banco Sabadell will offer a sticker which can be fitted onto the terminal.

Sabadell Wallet has been launched in a first phase for staff of the bank in order to detect any possible improvements. The commercial version for customers, which will also be able to process Visa, is intended to be launched next July.

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