In particular, Mobile Proximity Payment, the payment by bring the NFC cell phone close to the POS, will be widely developed, as it speeds up transactions of small amounts compared to non-contactless technologies and provides all the players with an experience that is comparable to using cash.
At the basis of the diffusion of Mobile Payment there will increasingly be: a wide range of services offered (payment by mobile phone of post-office bills, TV tax, car parks, buses and many other items too), without additional costs, an innovative technology that allows you to transform your own mobile phone into an ATM (agreement with Telecom Italia, Vodafone, Wind, H3g and Poste Mobile), a legislation that stimulates the use of electronic payments.
New Mobile Payments apps, thanks to which bank clients can transform their own mobile phone into a "virtual wallet" and use it to pay everywhere, both traditional and online contexts, with the opportunity of checking costs incurred, checking residual availability in the account and then using coupons and loyalty programs automatically.
New graphometric signature authentication systems to recognize the customer each time he/she signs a contract or accounts order online.
True online platforms in which the bank constructs its own proposition, focusing on efficiency.
Payment cards are in full expansion: for many they are still only for important expenses, but the number of people using them for small amounts too is increasing.
Engineering, always attentive to market trends, has developed the product ENG PAY a platform for payment services which allows integration of any e-commerce service and management of the access channel by the final user.
Merchant: Public Administration, Finance, Industry, Commerce.
Payment circuits: telephone operators, credit cards, prepaid cards.