Skip to main content
Acquirers / Partnerships / Payments-as-a-Service (PaaS)

Volkswagen & Visa payWave

Editorial Board
The Challenge
To offer customers convenience and choice at checkout

Volkswagen Bank acts as a commercial network provider in the German market and for years has successfully worked with Verifone payment devices. Volkswagen Bank is always on the lookout for fast, secure, and innovative solutions for their business partners. For this reason, the Volkswagen Visa card was augmented with Visa’s payWave contactless payment functionality. With the addition of contactless, the points of acceptance required upgrades to handle this new payment method.

Volkswagen Bank provided its business partners with Verifone’s H5000 payment devices, which include integrated NFC/CTLS technology. Additionally, the H5000 features a large color touchscreen, PCI PTS 3.0 approval, multiple connectivity options, and an extra-fast processor. Owners of the Volkswagen Visa card now benefit by paying their bills via contactless technology. During the checkout process, the card is simply held to the display of the payment device and within seconds the payment process is completed on the H5000.

Now, owners of Volkswagen Visa card can benefit by paying their bill via contactless technology.

With contactless technology gaining traction in Germany and across Europe, this project is another example of providing customers with payment flexibility and choice. The combination of Visa payWave cards and Verifone’s hybrid payment device is a promising basis in establishing contactless payment nationwide for Volkswagen Bank.