OP-Pohjola Group's payment cards utilizing contactless technology are currently being tested both in Finland and abroad. Our goal is to have OP-Visa Debit cards with the contactless payment facility available to our customers in autumn 2012. Any OP-Visa Debit cards ordered and renewed after that time will automatically feature the contactless payment facility. According to our plans, the facility will be available in other card types once contactless payments are more widely accepted.
Cards utilizing contactless technology will function in Finland and abroad in stores where payment terminals are compatible with contactless payments. Customers will be able to identify these payment terminals from the trademarks Visa and MasterCard paypass.
Chip guarantees payment security - liabilities remain unchanged
From the technological perspective, contactless payments are chip payments, which guarantees payment security. No chip information is known to have been successfully read or copied for criminal purposes so that the card could have been misused. In the event of fraud, liabilities are equivalent to those in chip payments in general.
The cardholder is not held liable for purchases made using a card that has been reported lost or stolen. The cardholder is responsible for reporting the card lost without delay so that the card can be deactivated. In addition, the cardholder is expected to know the location of his or her card, which means that the card should be in the cardholder's possession. As with all other cards, cards with the contactless payment facility are also personal and may not be given to another person to use.
