NFC TIMES Exclusive – Komercijalna banka Beograd, known as KomBank, one of Serbia’s largest banks, incorporated a host-card-emulation-based mobile payment service into its mobile banking app to increase awareness and use of the app, Slobodan Lukić, the bank's deputy director of the payment cards division told NFC Times.
The service supports Visa debit cards, though prospective users apparently have to apply for a new virtual card and wait for one working day to receive authorization codes enabling them to download the HCE-enabled cards to the app. If prospective payments users are not already Visa debit cardholders with the bank, they would have to visit a physical branch.
It’s the second HCE service launched by a bank in Serbia, following the launch of an HCE-enabled mobile-wallet app last fall by the local subsidiary of Italy’s Intesa Sanpaolo. KomBank is the first to integrate the service into its mobile banking app.