Spanish retailers offer new smartphone payment

Madrid, Spain – Spanish retail chains including department store retailer El Corte Ingles and supermarket retailer BonPreu are leveraging a new smartphone-based payment solution. The retailers are deploying the digital payment network from Dinube, which uses tokenization, Near Field Communication (NFC) technology and biometric fingerprint security to replace card-based payments.



Dinube links directly to a user’s bank account, which means users do not have to own a credit/debit card or pay cardholder fees. The 100% digital solution instantly stores full receipts and loyalty card information in the cloud. Users can retrieve all their purchasing data by logging into the network. Additionally, Dinube’s tokenization system is used in combination with the smartphone fingerprint scan to provide in-store and online.