Wirecard’s new mobile payment solution boon is now available on Android smartphones in Spain and Ireland.
The app enables smartphone payments at any NFC-capable point-of-sale terminal which accepts MasterCard Contactless payments. Many merchants and convenience stores already accept cashless and contactless payments. boon has been available via the Google Play Store in Germany, Austria, Belgium and the Netherlands since the end of November 2015.
Payment via boon is simple. The solution is available to anybody with an NFC-enabled Android smartphone with OS 4.4 or above: users simply need to download the app and register using their mobile number. They can then make contactless payments in high street retailers in a matter of moments.
boon is based upon a digital prepaid MasterCard issued by Wirecard Card Solutions. This can be conveniently topped up via credit card or bank transfer by Spanish and Irish users. Wirecard plans to quickly expand the product to include loyalty offers and financial services including, but not limited to, microcredits and peer-to-peer (P2P) payments.
With “boon.protect”, Wirecard offers high-level security via modern standards and technologies. Every payment transaction has to be authorised with a PIN number. The app offers a transparent overview of all transactions made in real time. Integrated risk management tools and the encryption of card data via Host Card Emulation (HCE) technology provide an additional layer of protection. Wirecard’s HCE solution is both certified and verified by MasterCard.