Bluecode: Germany and Austria's Mobile Payment Solution

In the evolving landscape of European mobile payments, Bluecode has emerged as a significant player in the German-speaking markets, particularly in Germany and Austria. As a member of EMPSA (European Mobile Payment Systems Association), Bluecode represents these countries in the growing network of European mobile payment solutions.

What is Bluecode?

Bluecode is a mobile payment solution that uses a unique blue barcode technology to facilitate secure, contactless payments. Unlike other mobile payment solutions that rely on NFC technology, Bluecode's approach works with any smartphone that has a screen, making it highly accessible to users across different device types.

How Bluecode Works

1. Users download the Bluecode app
2. Link their bank account or payment method
3. Generate a one-time blue barcode for each transaction
4. Present the code to the merchant's scanner for payment processing

The system's security is enhanced by the one-time-use nature of each generated code, reducing the risk of payment fraud.

Bank Integration Landscape

Bluecode has established partnerships with numerous financial institutions across Germany and Austria. Here's a breakdown of the key banking partnerships:

Digital Banks and Neobanks

• N26 (Digital Bank)
• DKB (Deutsche Kreditbank AG)
• comdirect (Digital banking subsidiary of Commerzbank)

The full list is available on this link.

Key Features and Benefits

1. Universal Compatibility: Works with any smartphone with a screenNo special hardware requirementsCompatible with existing barcode scanners
2. Security: One-time-use codesNo storage of sensitive payment data on the phoneCompliant with European banking security standards
3. Merchant Benefits: Lower transaction fees compared to traditional card paymentsIntegration with existing POS systemsReal-time transaction monitoring
4. Customer Advantages: Quick and contactless paymentsIntegration with loyalty programsTransaction history and budget tracking

Integration with European Payment Ecosystem

As a member of EMPSA, Bluecode contributes to the development of interoperable payment solutions across Europe, working alongside other national payment systems like:

• TWINT (Switzerland)
• Bizum (Spain)
• SWISH (Sweden)
• And other EMPSA members

Conclusion

Bluecode represents an innovative approach to mobile payments in German-speaking Europe, combining universal accessibility with robust security features. Its growing network of banking partnerships and participation in EMPSA positions it well for continued growth and development in the European digital payments landscape.