Banca Monte Paschi Belgio and MasterCard will launch the PaschiCombo card in Belgium combing debit, credit, display screen and contactless funtionalities all into a single payment device.
The PaschiCombo card is an all-in-one solution, offerings users a Maestro debit card on one side and MasterCard credit card on the other. The PaschiCombo cards also has a display screen to allow secure transctions online. Finally, the card also features the PayPass functionality to enable contactless payments.
PaschiCombo combines both the Maestro debit card (“pay now”) on one side and the MasterCard credit payment card (“pay later”) on the other. The display screen enables online payments to be secured. Once users have opted to pay, all they have to do is press the button on their PaschiCombo card to generate a unique use code on the display screen. This code will be used to secure the onine transaction.
Additionally, the PaschiCombo card also features PayPass, the contactless payment technology from MasterCard. As Belgium is following the trend that is already widespread elsewhere in the world, consumers can expect to see this new technology rolled out in the months and years ahead.