Or reader recognizes the account number linked to your debit card, but we can’t take payment. After all: our readers are not payment terminals. This would require a connection to a bank, which our readers don’t have. Our systems encrypt your account number (through one-way encryption) to make it entirely illegible and make sure it can’t be traced back to you personally.
Besides, an account number without a PIN code is useless. Just think about the letterheads or websites of large companies: you’ll always find an account number. We’ll only use your account number to set you free from all your physical loyalty cards, give you access to a current summary of all on-going promotions and benefit even more from in-store promotions! Win, win, win!
To find out more about how we put privacy first, check out the independent study conducted by ICTRecht on how Bank2Loyalty uses your payment method and how we process your personal data. The outcome of the study was very positive, which is why we are allowed to use the Privacy Certified logo. In other words, you can feel assured that Bank2Loyalty puts your privacy first, that we secure your data and that we comply with all requirements under the GDPR.