Payments Landscape in the Netherlands: The Dutch Nation Embraces Digital Mode of Payments
Digital banks forayed into the Netherlands during the review period (2014-2018) as in 2016 Pocopay introduced its mobile banking service which provides current account and Mastercard-branded contactless debit card. With the view to lessen the costs and risks of cash handling, ING, ABN AMRO, Rabobank and Geldservice Nederland teamed up to initiate a joint ATM network. This network, will assist customers with accessibility of ATM irrespective of the bank that services the ATM. These apprehensions are according to the report...
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