NFC Times Exclusive – More than two-thirds of users of the ING Bank’s HCE-based mobile payments service in the Netherlands opt for no PIN entry and prefer to tap their phones for very low-value amounts, according to bank, which launched one of the first HCE mobile payments services in Western Europe in late November.
The ING mobile payments service has already attracted a respectable number of users only six weeks after becoming generally available to eligible customers, although the bank will begin charging a small monthly fee for the service after a six-month grace period. (See fact box below).
The launch of the HCE service follows a three-month beta test, in which more than 5,000 customers used the mobile payments app.