V Pay

V Pay (own notation: V PAY) is an introduced by Visa Inc. debit card. It is a European, on the EMV technology - ie on chip technology based bank card with PIN function. An abuse with spied magnetic stripe ( skimming ) is practically impossible. Since its introduction in 2006, not a single case was registered skimming V- Pay cards.


V Pay can be used at ATMs in the European Union, Andorra, Gibraltar, Iceland, Israel, Liechtenstein, Monaco, Norway, Switzerland and Turkey to pay at merchants or withdraw cash.

Any use outside the designated area, such as Ukraine, Russia, the USA or Asia is not possible, there can not be read (either at ATMs yet commercially available ) the map.

In general, the V -pay card is accepted, where the V- mark is attached pay. V-Pay Cards German banks also always contain the application Girocard (so-called co-branding ), and therefore the other hand will also work on all German points of acceptance with the Girocard logo (foreign V-Pay cards are not necessarily, unless the dealer has a corresponding acceptance agreement ). Also ELV payments with signature are possible in Germany with German V-Pay cards.


Paywave is a Near Field Communication payment system. " Visa payWave contactless payments Enables you to make using a standard [ ... ] debit card. "

Unlike the Maestro Card

A competing product is the Maestro Card MasterCard that works worldwide. This works both by PIN with EMV technology as well as with PIN or signature by magnetic stripe technology when EMC is not available.


V Pay was from 2006, in addition to the already existing debit card Visa Electron, first introduced in France, Germany and Italy. Since about 2010, the issue was propagated in Germany. In Switzerland there it since early 2014.

V Pay meets the needs of European banks and the single European payments market (SEPA - Single Euro Payments Area). The banks are supported by V Pay to migrate to an open and transparent European payments market, and also benefit from their investments in EMV technology.