Rabobank, one of the largest financial institutions in the Netherlands, is offering mobile wallet solution to its Dutch customers through Rabo Wallet app, which is compatible with the Galaxy S4 and the Galaxy Note 3. The app is developed by Giesecke & Devrient (G&D), a Munich-based technology group, in collaboration with Samsung. The app is based on Convego AppWorld platform, and uses G&D’s Trusted Service Management, which is connected to Samsung’s provisioning solution, to securely transmit sensitive information. Users can pay for their bills, check balance, store loyalty cards, and redeem digital vouchers using NFC through contactless terminals in shops.
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