Fibank VISA debit and credit cards issued by Fibank (First Investment Bank) can now be added to the My Fibank mobile application, and payments can be made with them via smartphones running Android Os 6 or higher. Four years ago, Fibank was the first in Bulgaria and on the Balkans to develop a platform for contactless payments using NFC-enabled smartphones. This functionality is now available for holders of VISA cards issued by the bank, from the NFC Digital Payments menu in My Fibank. The solution has also been introduced for smartwatches supporting the Garmin Pay Watch feature.
"We are pleased to upgrade the capabilities of our card products by adding VISA digital cards to them. Fibank was the first bank in Bulgaria to introduce contactless payments, and since then we have constantly strived to expand the range of payment services our customers can use in the direction of speed, security and convenience", commented Mr. Nikola Bakalov, CEO and Chairman of the Management Board of Fibank.
"As a result of the COVID-19 pandemic, consumer preferences are rapidly shifting to card and digital payments rather than cash. Increase in the demand for, and penetration of contactless, mobile and online payments has been significant and noticeable in all age groups and different geographical areas. The new service introduced by Fibank meets these needs and offers yet another opportunity for customers in Bulgaria to use mobile payment technologies. This will not only give an impetus to their development in the country, but also provide exceptional convenience and security for consumers," said Ms. Sevdalina Vasileva, General Manager of Visa for Bulgaria, Greece and Cyprus.
VISA card payments are accepted in more than 200 countries and territories around the world and over one million retail outlets. You can learn more about the VISA debit and credit cards issued by Fibank at: https://www.fibank.bg/bg/chastni-lica/karti/debitni-karti/visa-debit и https://www.fibank.bg/bg/chastni-lica/karti/kreditni-karti/visa.