Traditional banks began to offer the same features as the neo-banks, and are increasingly turning to mobile payment.
© Society Of General
France sulks even mobile payments from smartphones, but has not finished to know of misadventures with its bank cards. In the Society in General, each year, between 500 000 and 1 million updates, as opposed to cards that are counted within the bank. A good way for it to assert its new credit card virtual, announced this morning in Le Parisien, which will be accessible in the event of a problem with our debit card physical.
Society in General has actually announced a new map, described as a ” digital map instant “, which will be automatically generated on iPhone with Apple Pay (and soon to be Android with its arrival in Paylib). If a customer is stealing his card, or loses it, a new one will be instantly available on a smartphone, but by the time they order a new physics.
As it will be a card used in mobile payment, the non-contact will not be limited like on a ” tap ” with a credit card physical on a payment terminal. Customers will be able to spend in the normal way, with the limit of daily payments in force in their offer. The absence of a limit for contactless payments is classical due to the fact that is considered more secure to pay for a smartphone then an authentication is required.
The image of a virtual map of neo-bank
This arrival for the Society in General is not a new concept. Online banks are turning more and more towards this feature of dematerialization. In the neo-banks, we can note the work of Revolut, which proposes to have a virtual card in addition to his bank card, cloud, but also and above all of the virtual adapters ephemeral, which can be created for the execution of sensitive payments (such as on the internet), before that the identifiers of the card and the card itself are automatically deleted.
To be able to launch its new iPhone, the Company has been required to pass through Apple Pay as apple refuses all other services of mobile payments on its products. On Android, where the novelty is expected to arrive ” by the end of the year, Société Générale will use Paylib, the application of the payment to which the institution invests jointly with other French banks. Unlike online banks as Fortuneo and Boursorama, or of the neo-banks, such as Orange Bank and My French Bank, the French bank, sulks always Google’s services Pay.
The mobile payment French prepares his defeat, surpassed by Apple and Google