BOI Visa Debit

Nowso

any updates on the introduction of the visa Debits by Bank Of Ireland?

Mort5000

"Bank of Ireland will commence issuing the new Visa Debit card to customers in the second half of 2011."

Link

Toots

Autumn 2011 last I heard.

filmbuffboy

will BOI automatically send out new cards to everyone, or do we have to wait until our laser cards expire?

BuffyBot

I'd imagine, like Ulster and PTSB, they'll be rolled out pretty quickly/you will be able to request one.

Nowso

there has been very little since the announcement late last year .

Dum_Dum

BOI probably have no intention of introducing this card in the short or medium term. Just got the announcement out to stop migrations to PTSB and UB.

ingen

my BOI business A/C manager tells me Autumn 2011..

i have my ulster bank one ages now.. boi are way behind..

Kinky Slinky

Bank of Ireland (BoI) has confirmed it is to issue current account customers with Visa Debit cards in place of Laser cards from next year, as announced in the Irish Times today.

The bank said it is to begin sending one million replacement debit cards to customers during the second half of 2011.

Any Idea when exactly BOI will start sending out these cards ? , I'm sick of not being able to buy stuff online.

BuffyBot

Thread merged. See posts above.

IrishEyes19

Wonder will the charge for using the laser go up though when these cards come in, as you pay a little every year for the use of the laser, will it increase if you get the visa debit

BuffyBot

You only pay government stamp duty for you Laser card. Visa debit attract the same charge, no more

Belfunk

Bank of Ireland has launched a new contactless-enabled Visa debit card, allowing consumers to pay for purchases of €15 and under "in less than a second" by holding a card over a reader.


The card utilises near field communications (NFC) to enable contactless transactions, which are recorded on a customer’s account.

They are subject to the same level of consumer protection as all Visa cards. Once the card is used a certain number of times or above a certain value, consumers will be prompted to input a PIN to complete their purchase.

Bank of Ireland says the card is suitable for retailers, buses, trains, parking and vending machines. Outlets will display a Contactless symbol, showing that they support this technology.

NFC payments

It is hoped the card will reduce queue time along with encouraging Irish consumers to make NFC payments.

“This new technology has been firmly embraced in Europe with over 20m cards in circulation and we are delighted to be the first in Ireland to issue Visa debit cards with contactless payment capability,” said Quentin Teggin, head of consumer segments at Bank of Ireland.

“Contactless technology is a key development in promoting electronic payment methods for low-value transactions.

“The consumer and retailer appetite is evidenced by the fact that Visa Europe recently announced that Visa contactless card numbers in issue in the UK are predicted to increase from 13m to 20m by the end of 2011,” he said.

Reducing paper-based payments

The new NFC debit cards aim reduce to the amount of cash payments made in Ireland. Seventy per cent of all transactions in Ireland are still made using cash, according to a National Irish Bank survey. The country is also one of the highest users of cheques.

“The move to contactless is aligned to the Government’s National Payments Plan to reduce cash and paper-based transactions and promote electronic transactions,” said Teggin.

“From the end of this year, counting coins to pay for items such as fast food, newspapers or coffee will be history for Bank of Ireland’s customers who choose to embrace this new technology,” he said.

According to Visa Europe, weekly spending on contactless cards has doubled in the last six months and will double again by the end of this year.

http://www.siliconrepublic.com/business/item/22529-bank-of-ireland-launches-co

IrishEyes19

Is laser being replaced entirely so? Or will there just be another card.

sitstill

This is super exciting!

dotsman

IrishEyes19 wrote: »

Is laser being replaced entirely so? Or will there just be another card.

Laser is being replaced entirely.

Both AIB and BOI are moving to contactless smart cards within the next year.

Mort5000

dotsman wrote: »

Laser is being replaced entirely.

Both AIB and BOI are moving to contactless smart cards within the next year.

Hi Dotsman,

Do you have a source/link for that AIB info?
I've been pestering them for ages about whether they're moving to Visa Debit and they just keep saying 'no plans'.
Yeah, I know 'contactless' and 'visa debit' aren't necessarily synonymous, but just interested to hear where you heard.

Mort

coylemj

Bank of Ireland is to introduce a new cashless payment method to Irish customers later this year when it issues its new "contactless" Visa Debit cards.

The bank said the cards are aimed at small transactions, limited to €15, and will enable customers to pay for smaller items in stores in less than a second, simply by holding the card over a reader in the shop.

Almost one million of the cards, which use a technology called Near-Field Communications, will be issued to customers in the second half of the year.

The bank said there are additional security features in the new card that would stop it being used by unauthorised people. The card can only be used a certain number of times or for a certain value before a PIN is required.

More than 20 million of the contactless debit cards are already being used in Europe, but this is the first time they will be implemented here.

"Contactless technology is a key development in promoting electronic payment methods for low value transactions," said Bank of Ireland's head of consumer segments Quentin Teggin. "The consumer and retailer appetite is evidenced by the fact that Visa Europe recently announced that Visa contactless card numbers in issue in the UK are predicted to increase from 13 to 20 million by the end of 2011."

More than 60,000 retail outlets in the UK currently use the technology, and Visa Europe said weekly spending using this method was expected to double by the end of the year.

http://www.irishtimes.com/newspaper/breaking/2011/0706/breaking36.html

dotsman

Mort5000 wrote: »

Hi Dotsman,

Do you have a source/link for that AIB info?
I've been pestering them for ages about whether they're moving to Visa Debit and they just keep saying 'no plans'.
Yeah, I know 'contactless' and 'visa debit' aren't necessarily synonymous, but just interested to hear where you heard.

Mort

Unfortunately, not really! AIB are ridiculous for press releases. They most likely won't announce until it's actually being rolled out. But they have been replacing all their POS terminals for the past year with contactless ones in line with Zapa technologies. I even read an article in one of the papers just last sunday about it, but for the life of me, can't remember which one.

Oh, and your local branch staff will find out about at the same time as the public. It's always the way. You'd swear it was some top-secret plan they were devising, but everybody who analyses the situation knows they are doing it.

IrishEyes19

dotsman wrote: »

Laser is being replaced entirely.

Both AIB and BOI are moving to contactless smart cards within the next year.

oh ok. So I just presume we'll be posted out a new card or something? And the same chip and pin system we're using now applies yeah? No change of pin or anything

Kinky Slinky

I was in at the bank last week and the girl at BOI said the would be rolling out the cards this month.

KillerShamrock

Kinky Slinky wrote: »

I was in at the bank last week and the girl at BOI said the would be rolling out the cards this month.

Dunno where she got this info from but the bank will advertise it in the media and tell the staff at least 2 months in advance and they keep saying late 2011 in all their press releases so dont be surprised if you dont see it before september if not october.

littlema

I have an UB Visa debit since last year and I cannot get it to: 1/ purchase online, and I am not talking about some obscure site, this was Aer Lingus, VHI travel ins etc and 2/ use it in any ATM in the Balkans ( Croatia, Bosnia, Montenegro) where we went last week. I went into the bank today and very nice girl said it was possibly a faulty card BUT the same thing had happened in the past year and I was issued with a new card in May this year. Upshot was, she destroyed the card and I am now waiting for 10 days for a new card and all the withdrawals from the ATM's on holidays using the credit card and their charges may be looked at!!!
Anyone ever hear of this before?? I am a bit fed up of the whole thing and want my old laser card back!!!!!!!!!!!!!!
Oh and by the way, will the UB cards have this "wave your card at a screen" thingy? Just wondering.

Bloody Nipples

I was in BOI last week to request a replacement for my laser which had developed a bit of a crack and while I was there, I thought I'd ask did they do visa debit cards. Cue me spending 5 mins explaining the concept of visa debit cards to a :eek: looking customer service lady she then told me "no they did no such thing, though they sound great"

**Timbuk2**

Bank workers don't seem to be all that informed when it comes to changes. I joined UB shortly before they changed to Visa Debit. I rang them one day to ask them when they were changing to Visa Debit. The man on the phone told me that it would be at least 3 months before they changeover - I received my Visa Debit card in the post 2 days later. It turns out they had already changed over, the official date coincidentally the same day I rang!

Can't complain though - have had nothing but good experiences with the Ulster Bank Visa Debit card! Works everywhere that I've tried online!

Toboldlygo

little ma wrote: »

I have an UB Visa debit since last year and I cannot get it to: 1/ purchase online, and I am not talking about some obscure site, this was Aer Lingus, VHI travel ins etc and 2/ use it in any ATM in the Balkans ( Croatia, Bosnia, Montenegro) where we went last week. I went into the bank today and very nice girl said it was possibly a faulty card BUT the same thing had happened in the past year and I was issued with a new card in May this year. Upshot was, she destroyed the card and I am now waiting for 10 days for a new card and all the withdrawals from the ATM's on holidays using the credit card and their charges may be looked at!!!
Anyone ever hear of this before?? I am a bit fed up of the whole thing and want my old laser card back!!!!!!!!!!!!!!
Oh and by the way, will the UB cards have this "wave your card at a screen" thingy? Just wondering.

I have had my Ulster Bank Visa Debit card for over a year and I use it everywhere.

My mate works in the Ulster Bank Head Office in Belfast and he has one of the contactless cards, apparently staff had these cards issued to them as a trial so they could use them in their own canteen. He says they are expecting to start issuing them to customers early next year but I doesn't know if that will include the South. I would be surprised if it was only in the North but it would probably make sense for them to start there since the big UK retailers will include the North when they start accepting the cards.

boppob

Bloody Nipples wrote: »

I was in BOI last week to request a replacement for my laser which had developed a bit of a crack and while I was there, I thought I'd ask did they do visa debit cards. Cue me spending 5 mins explaining the concept of visa debit cards to a :eek: looking customer service lady she then told me "no they did no such thing, though they sound great"

I had pretty much this same conversation a while back with staff and a manager in a boi, and they hadn't an idea or even heard of visa debit, I left with them pretty much thinking I was mistaken that such a thing exists.:(

Do you guys know if the contactless ones will be optional or if all the visa debits will be them?

Mort5000

FYI

AIB joins the race

Nowso

Just found this!

www.moneyguideireland.com/visa-debit-card-in-ireland.html

KillerShamrock

Nowso wrote: »

Just found this!

www.moneyguideireland.com/visa-debit-card-in-ireland.html

Something tell me that sites info is pretty much wrong they would of announced the roll out of the card by now if they were going to issue it in July!! it will be more like the 31st of December that way they can still say they released it in late 2011 like they said last year when they announced it.

hayzer

Does anyone know if BOI Laser cards are changing to Visa Debit cards? If so when?

Rhys Essien

Yes they are.They have not given an exact date but only saying this autumn.

Toots

Threads merged.

RichT

I was getting pi55ed off with waiting to find out when this was finally going to happen, and getting no joy from the two different branches I asked in. So I emailed them last night demanding to know a better date than "second half of the year."

They rang me back earlier saying they are definetley rolling them out during November, and everyone should have one before Christmas.

Shall we all hold our breath?

Nowso

the issue of a percentage of cost of purchase against a flat charge on the retailer will have a big effect as to the decision to get one when there out or not, as if its a percentage more costs will be passed onto us.

sitstill

Not gonna hold my breath on these. Hopefully we will see them in November though.

Nowso

any updates

who is this

RichT wrote: »

I was getting pi55ed off with waiting to find out when this was finally going to happen, and getting no joy from the two different branches I asked in. So I emailed them last night demanding to know a better date than "second half of the year."

They rang me back earlier saying they are definetley rolling them out during November, and everyone should have one before Christmas.

Shall we all hold our breath?

2nd half was definitely not an appropriate way to refer to "during November". Fourth quarter is the only thing I think is a fair way to describe that, since customers will always be optimistic about what they mean by that.

BESman

I asked in a BoI branch about a month ago and the customer service rep said they would be rolled out in October / November. Its often hard to keep to schedules for a big rollout like this, but hopefully they will get them out before Christmas. I don't own a credit card and don't intend to so this would be ideal for online shopping, which is very limited at the moment for laser cards.

who is this

BESman wrote: »

Its often hard to keep to schedules for a big rollout like this, but hopefully they will get them out before Christmas.

Which is exactly why they shouldn't have announced a product over a year before they introduced it.

testicle

who is this wrote: »

Which is exactly why they shouldn't have announced a product over a year before they introduced it.

Why not???

sitstill

Its now practically a year since this launch was announced. Does anyone have any updates?!

reni10

sitstill wrote: »

Its now practically a year since this launch was announced. Does anyone have any updates?!

Yeah if these Visa Debit cards are not released soon then Ulster or TSB will be getting my business!

Also who has the best Internet banking at the moment in regards to BOI, Ulster or TSB?

Rhys Essien

The flashy new BOI Visa Debit contactless card is being posted out to customers next month.

At long last.

Gloomtastic!

Rhys Essien wrote: »

The flashy new BOI Visa Debit contactless card is being posted out to customers next month.

At long last.

I'll believe it when I have it in my hand. Just in time to go Internet shopping crazy for Christmas!

who is this

Rhys Essien wrote: »

The flashy new BOI Visa Debit contactless card is being posted out to customers next month.

At long last.

Where'd you hear this?

Rhys Essien

Was told yesterday from Bank of Ireland HQ.

FGR

Is that to all customers or on an ongoing basis IE. as laser cards reach their expiry dates?

chris85

Looking forward to getting new card from them here. Will be good to have to use online and so forth rather than use the credit card.

Rhys Essien

ForegoneReality wrote: »

Is that to all customers or on an ongoing basis IE. as laser cards reach their expiry dates?

Yes,as of next month all laser card holders will be issued with new card.

dmn

let hope they stick to the november roll out then. really looking forward to this. has anyone seen a picture of some of the cards and how they will look, design wise?