Flexible Electronics News

Multicard and Rabobank Deploy Cashless Payment Solution

Virtual wallet works with existing mobile phones

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Multicard, a business unit of Identive Group, Inc., announced the roll-out of its mobile cashless payment solution with Rabobank, one of Netherland’s largest financial services companies. Rabobank selected Multicard to provide the e-payment stickers and related services that will enable users to make purchases using their current mobile phones, directly from a virtual wallet. Multicard and Rabobank have been working closely to fine tune the solution and now are deploying it to canteens and c...

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