Secure mobile payment solution features HCE technology

'Rabo Wallet' users can therefore not only manage their mobile payment cards and make mobile payments - they can also instantly activate other services like parking and a storage function for customer shop and loyalty cards.

The mobile payment functionality provided by the Rabo Wallet app is available for Android smart phones and supports Mastercard Maestro cards and the related token services. Rabobank decided to move to cloud-based mobile payments, powered by G+D Mobile Security's Convego CloudPay solution, in order to be able to scale the solution and provide services for a larger number of consumers.

With the new solution, more Rabobank customers can use the mobile payment service since it no longer requires a special kind of SIM card. Furthermore, mobile payment is only one of the services provided: current value-added services in the Rabo Wallet include parking and customer shop and loyalty card storage solutions.

With Convego AppWorld, Rabobank is now able to introduce additional new services easily and without the need to update the Rabo Wallet app. The new Rabo Wallet is available for download in Google Play.

“G+D is very happy to support Rabobank as one of the leading Dutch banks in its migration to the latest mobile payment technology,” stated Dr. Carsten Wengel, Head of the Region EMEA at G+D Mobile Security. “Our common goal is to make the mobile payment experience for customers as easy, flexible and secure as possible. We look forward to continuing our work with Rabobank to provide their customers with an expanded mobile payment experience based on our market-leading technology.”

Suzan van Eeten, Lead Product Manager, Rabobank stated: “There was great enthusiasm for the Rabo Wallet. Within 24 hours, the pilot contained the maximum of 10,000 participants. 80% of the users were positive about the Wallets’ functionality. That was a big incentive to place the app in the Playstore as quickly as possible.”