Large Spanish retail bank La Caixa will begin rolling out 1 million contactless cards along with more than 15,000 point-of-sale terminals and 500 contactless ATMs in Barcelona this month.
The rollout in Spain’s second largest city could lead to a nationwide deployment of contactless cards and terminals by the bank within three years and support La Caixa’s plans to eventually launch NFC-based mobile payment.
A bank spokeswoman confirmed to NFC Times reported statements by CaixaBank general director Antonio Massanell that the bank would spend about €9 million (US$11.5 million) to roll out contactless cards, POS terminals and ATMs in Barcelona and up to €40 million more through around 2015 for a nationwide contactless rollout. NFC Times earlier reported the bank's contactless rollout plans. The cards and terminals will support a Visa payWave application.