Fidor, a Germany-based online-only challenger bank, has introduced its first physical product in the UK market, called Fidor TAP Debit MasterCard.

The bank, which opened its doors for business in the UK in September 2015, has launched this contactless debit card for all its UK current account holders.

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Fidor TAP Debit MasterCard allows cardholders to withdraw cash globally and to make contactless payment for their purchases.

Additionally, cardholders can lock and unlock the card on request, which can be retrieved through their online Fidor account, using PIN code.

Fidor Bank VP of European expansion Sophie Guibaud said: "The decision to introduce the Fidor TAP Debit MasterCard was driven by customer demand from our online community.

"We will continue to introduce new products and features that our customers want, as well as reward those who contribute to building Fidor."

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