Payair integrates Fidesmo Pay for Swedbank

Swedbank has just launched Fidesmo Pay, offering yet another contactless payment wearable solution for in-store payments for its Swedbank and Saving bank’s customers.
Fidesmo Pay is available for Swedbank and Saving bank’s private customers who can easily connect their Mastercard debit card to a wearable with Fidesmo functionality to “tap and pay”. Similar to the previously launched mobile and wearable contactless payment solutions the actual card number is not stored on the device, instead a digital “Token” is created, which greatly increases the security

Payair is proud to have assisted Swedbank and Fidesmo in this digital payment project, providing pre-digitization and tokenization of Swedbank’s cards towards Mastercard’s MDES platform.