Over 10 000 KBC customers keen to test contactless payments using wearables. Oldest participant is 94 years old and will make contactless watch payments for a year.
Friday, November 30, 2018
- More than 10 000 KBC customers have signed up for KBC’s wearables payments trial.
- A thousand customers get to take part, based on their reasons for doing so.
- Participants are personally invited to come and collect the wearable of their choice (watch, ring, bracelet or key ring) at events in Ghent (1 and 2 December), Antwerp (8 and 9 December) and Leuven (15 December) and have it linked to their KBC payment card. KBC staff will guide them on the spot in their first transaction with their wearable.
- The trial runs from 1 December 2018 until 31 December 2019. Participants will be regularly asked for feedback, which will be crucial for further developing and launching this new and innovative way to pay.
KBC’s announcement on 8 November through various channels has clearly not fallen on deaf ears, with over 10 000 applications through the KBC website to take part in the trial.
Who are the more than 10 000 enthusiastic candidates?
Applicants were from all over Flanders. Breaking the figures down per event gives the following result:
- Ghent: 3 600 applicants
- Antwerp: 3 400 applicants
- Leuven: 3 000 applicants
Some 70% of applicants were male, 30% female.
Candidates of all ages applied:
- 18-29: 26%
- 30-39: 24%
- 40-49: 21%
- 50-59: 16%
- 60-69: 11%
- Over 70: 2%
Who are the 1 000 finalists and which wearable did they choose?
- 252 participants chose a LAKS watch
413 participants took a ring
180 participants will pay by contactless for a year with a key ring
155 participants opted for a bracelet
- The oldest participant is 94 years old and will use a LAKS watch.
- The average age of the trial participants is 39.
- 55% are male/45% are female
The trial starts on 1 December 2018 and will finish at the latest on 31 December 2019. KBC will regularly ask participants for feedback and also keep them informed using special trial progress newsletters.
The trial is being run in association with Maestro, so participants may need to ask at some sales points for payment terminals to be enabled to accept Maestro payments.
Customers will be able to make fully secure wearable payments anywhere they see the Maestro sign.
