The Telekom Austria Group announced that its mobile subsidiary mobilkom austria has launched along with Visa Europe and its wholly-owned A1 Bank a credit card for the Austrian market that includes mobile services.

The A1 Visa Card combines the features of a conventional Visa Classic Card with special mobile services such as A1 loyalty points, transaction confirmation by text message for more security, paybox (the Austrian mobile cashless payment system) and a mobile insurance package. Based on the new generation of NFC-capable handsets, the A1 Visa Card is also intended to eventually function as a contactless payment tool via the mobile phone.