Oktoberfest Will Accept Mobile Payments

September 18, 2012, Written By Bill Hardekopf
Oktoberfest Will Accept Mobile Payments

The worldwide acceptance of mobile payments took another step forward when it was announced that they will be taken at this year’s Oktoberfest.

Small vendors at the world’s largest fair will be able to accept card payments from customers for the first time by simply using an iPhone, a special app and an EMV chip reader plugged into their phone. Customers verify themselves with a signature on the touchscreen.

The app was developed by the Munich-based payworks and works with the Austrian payment service provider, PayUnity.

Seven million visitors are expected at this year’s Oktoberfest which runs from September 22 through October 7.

This entry was posted in Credit Card News and tagged mobile payments , credit cards , EMV , iPhone , Oktoberfest , PayUnity , payworks

The information contained within this article was accurate as of September 18, 2012. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.

About Bill Hardekopf

Bill Hardekopf is the CEO of LowCards.com and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.
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