First Contactless Transaction with DinaCard-UnionPay Card

Within the framework of mutual cooperation of the National Bank of Serbia (NBS) with UnionPay, International Card Scheme from China, the first DinaCard-UnionPay cards were issued and the first contactless payment was made, namely the first contactless transaction was realized with the DinaCard-UnionPay card at DinaCard acceptance network.

These contactless payments were realized within the pilot production jointly conducted by the National Bank of Serbia, UnionPay International and Banka Poštanska štedionica, which includes the issuance of a limited number of contactless DinaCard-UnionPay cards and realization of payment and cash withdrawal transactions, it is said on the NBS website.

– In this way, DinaCard cardholders will have contactless payment technology at their disposal by the end of current year, as well as the ability to pay and withdraw cash abroad, in over 180 countries and regions around the world, while users in the Republic of Serbia will be able to pay and withdraw cash at all points of sale and ATMs as well as other DinaCard cards – it is said.

In order for all issuing banks to start issuing this card en masse, it is necessary for the acceptance network (POS terminals and ATM devices) to be enabled for its acceptance, and these activities, which are very extensive and complex due to the size of this acceptance network, are in progress. It is expected that by the end of the current year, banks will start mass issuing of a mutual DinaCard-UnionPay card.

Narodna banka Srbije Beograd

Banka Poštanska štedionica a.d. Beograd

National Bank of Serbia

NBS

Banka Poštanska štedionica

UnionPay International

DinaCard UnionPay

contactless payments

contactless transactions

DinaCard

POS terminal

ARM device