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12th July 2011

Citi Handlowy Launches PayPass Credit Cards

In June, Citi Handlowy began to issue Citibank Credit Cards that use special MasterCardR PayPassT and Visa payWave technology. PayPass payments, an embedded chip, Poland’s largest payment-card discount program and the opportunity to obtain the card “on the spot” at a branch make the Citibank Credit Card one of the most interesting market offers.

New credit cards issued for Citi Handlowy Clients after June 1 are all PayPass cards. Equipped with MasterCardR PayPassT or Visa payWave technology, the cards will allow customers to make cashless transactions in a few seconds. For purchases of PLN 50.00 or less, customers do not have to input their PIN or verify by signature on a regular swipe machine. All customers have to do is to pass their card near a special reader. The cards are equipped with a special chip so customers do not need to swipe or insert it into a terminal. To ensure maximum security of PayPass payments of greater than PLN 50.00, for MasterCard payments customers will verify the transaction by entering their PIN or providing a signature on the receipt. For VISA transactions, the payments are made in a standard way, by inserting the card into the terminal.

As with the previous cards of this type, the Citibank MasterCardR PayPassT Credit Card and the Citibank Visa payWave Credit Card can be sent to customers by post or issued on location at the bank’s branch. Citi Handlowy remains the only bank in Poland that is able to issue the card immediately, during a branch visit. The time needed to provide customers with such a card, including the assignment of a secret PIN, is only 45 minutes.

As many as 20,000 terminals in Poland accept the PayPass cards, including the most popular brands, such as Empik stores, Ikea, Rossman, McDonald’s, Sferis, Matras bookstores and Shell petrol stations.

The bank will be systematically exchanging the credit cards for the plastic cards equipped with PayPass technology. All new cards issued will have this functionality (except in the case of emergencies, e.g., the replacement card issued after losing the previous card).

For details regarding the Citibank Credit Cards and the additional services mentioned above, please visit www.online.citibank.pl or call at 0 801 66 66 66.

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