KPN and Rabobank Launch Rabo Wallet

Rabo WalletDutch mobile operator KPN and Dutch bank Rabobank have launched the Rabo Wallet mobile payment solution.

It will enable consumers to download their digital bank card to their KPN NFC SIM-kaart (SIM card) in order to pay for goods and services with their phones. The Rabo Wallet can also store loyalty cards and digital vouchers. The NFC SIM-kaart works with Android devices running Android version 4.4 or higher.

Safety science firm assisted KPN and Rabobank in the launch of the wallet, including an initial feasibility study; and full ecosystem testing rounds; and security assessments to assure a trustworthy solution.