FastPay is Danske Bank’s new payment solution that lets you wear your payment chip in a wristband, on a keyring or on your watchstrap so that you can make contactless payments without having to reach for your card.
In the future, you will not need to take out your payment card to pay when you are on the go. From October thousands of our customers in Denmark, Norway and Sweden will be testing a new payment solution – FastPay – which quite simply consists of a payment chip with an in-built antenna that can be placed wherever you want. Once you have placed the chip where you want it, you can pay for your purchases at all payment terminals capable of accepting contactless Mastercard payments.
“We can all think of situations where it would be nice if we didn’t have to carry our wallets and cards around with us – when we’re out jogging, at a concert, at a party or at the beach, but it could also be when we’re standing in a shop with our hands full. It’s in these situations that we hope that FastPay will add value to the everyday lives of our customers,” explains Morten Schwaner, Head of Card and Mobile Payments at Danske Bank.