CARTSYS has implemented the functionality to support the digitization of Alfa bank payment cards in Mi Smart Band 4 NFC wearable gadgets. This project was carried out as part of a joint program between Mastercard and Xiaomi. Tokenization is carried out through the MDES cloud service.
To implement this functionality, the DSP FastTack system by CARTSYS Ltd. This system is installed in more than 10 partner banks.
Alfa Bank was one of the first to introduce this functionality. Owners of Mi Smart Band 4 NFC devices will now be able to pay for purchases and services contactlessly.
CARTSYS always supports the introduction of new technological opportunities technological capabilities of card digitization.