Chipknip to disappear from shops

20th September 2007, Comments 0 comments

20 September 2007, AMSTERDAM - The chipknip will eventually disappear from shops. The payment method will be "repositioned" primarily to unmanned sales points, a spokesperson for owner Currence said on Thursday.

20 September 2007

AMSTERDAM - The chipknip will eventually disappear from shops. The payment method will be "repositioned" primarily to unmanned sales points, a spokesperson for owner Currence said on Thursday.

Currence says that shop owners make little use of the chipknip and that using PIN is cheaper in many cases. "In addition to that there is the issue of ease of use. The chipknip first has to be loaded up before you can pay. With PIN the amount is immediately taken from your account," the spokesperson said.

Currence wants to mainly install the chipknip in the parking, vending machine and catering segment.

Particularly the use of the chipknip in catering, mostly in company lunchrooms, is growing. The segment accounts for about 80 percent of all chipknip transactions.

[Copyright Expatica News + ANP 2007]

Subject: Dutch news

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