Bank of America’s
UK-subsidiary MBNA has rolled the first American Express branded
contactless credit card in the UK.

The introduction of
the American Express contactless cards, which will
support EMV technology, is an addition to MBNA’s existing
contactless cards portfolio on the MasterCard and Visa
networks.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

MBNA will thus become the first bank to issue contactless
cards on all three networks.

MBNA said that the
American Express contactless cards will be issued to all customers
when acquiring a new or replacement cards.

MBNA’s contactless
card holders will occasionally and randomly be asked to enter their
PIN – a first in the contactless space – as part of MBNA’s promise
to safeguard customers’ financial security and payments will be
limited to £15 ($21.26).

 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.