About LAKS and LAKS PAY

Introducing:
Laura Alexandra Karolina Scheybal
cmo of LAKS PAY
first-born daughter of the LAKS founder

Introducing:
Lilli Antonia Klara Scheybal
artist, photographer, social media manager of LAKS PAY
second-born daughter of the LAKS founder

Our story

LAKS was founded in 1986 by Lucas Alexander Karl Scheybal in Vienna and is a family-run Austrian company. Lucas started painting and composing music at a very early age. Later he became interested in new technologies and industrial design. He studied economics and invented Watch2Pay, the world’s first NFC (Near Field Communication) watch, certified for contactless payments with Mastercard® in 2006. It is exhibited in the British Museum titled as “The First Museum’s Payment Watch” see link here

To this day, Lucas is the designer and innovator of the LAKS brand. He ensures that each LAKS Wearable is developed and designed with passion and perfection.

LAKS combines creativity with cuttingedge technology and outstanding quality. The LAKS mission is to simplify the life of every customer with Style. Be hip and have fun with LAKS Pay.

OUR NEW LAKS COLLECTION 23 CATALOGUE IS ONLINE. CLICK HERE

The artist

The art of Lucas Scheybal was influenced by his stays in Paris and New York. His grandmother gave him a piano tuning key with which he tuned his first piano to play. This event set a cornerstone in his musical development. Video composing and real time performing complement the art unfolding in the chosen emotional worlds.

Each of the compositions were and are recorded and digitalised in hotels and studios between business meetings.

Here are some excerpts of his musical work: LAKS.com/video

We have good news for you!

  • On January 3, 2023 , Vienna / Austria
  • A new joint venture between LAKS and wearonize was founded. The LAKSPAY.com brand was born.
  • The different is that on LAKS.com you connect your Bank Card online and on LAKSPAY.com you can do this with our own LAKS PAY APP.
  • The Token requestor / integrator DIGISEQ supports LAKS.com and LAKSPAY.com is powerded by wearonize / G+D.
  • If you have a wearable from LAKS.com you cannot use it with the LAKS PAY App.
  • The payment functions for the wearables are exactly the same on LAKS.com and LAKS PAY.com – they have different chips.

LAKS and wearonize partner to improve customer experience

  • On LAKS.com you need to connect the wearable and your bank card online after the checkout. We personalise the wearable for you and you activate the wearable upon receipt.
  • If you order your wearable on LAKSPAY.com you connect the wearable upon receipt with the LAKS PAY APP and activate it after successful connection.
  • Please note that only LAKS Wearables purchased on the new homepage LAKSPAY.com can be used with the LAKS PAY APP.
  • Check out all PARTNER BANKS of LAKSPAY.com HERE

What is the difference between LAKS.com and LAKSPAY.com

LAKSPAY.com

  • On 3 January 2023, LAKS and wearonize founded a new joint venture. From now on, you get the technology and the wearables from a single source
  • More than 85 partner banks – and counting
  • LAKS PAY app by wearonize
  • We have developed an new easy-to-use LAKS PAY App for IOS and Android for you: LINK
  • You find all PARTNER BANKS on LAKSPAY.com: LINK
  • Our new partner and token requestor: wearonize ( Mastercard and VISA )
  • LAKS PAY is the Number 1 in the payment wearable business
  • Connect your wearable and your bank card with the LAKS PAY app for iOS and Android.
  • You can delete the wearable at will and reconnect it to another card so that the wearables remain in use even if the user changes or you want to use a different card.
  • Benefit of adding extra functions to wearables, such as access control (cars, buildings, computers, charging stations, FIDO, etc.)
  • This will work inside the LAKS PAY App – exiting options you will see soon…
  • With even more banks (85) and the number is growing. 2023 is the wearable year!
  • LAKS PAY is a worldwide partner of CURVE.com 

    You can connect all LAKS PAY wearables to your CURVE card.
    This allows you to use your wearable for contactless payments with all the cards you have stored in the CURVE wallet.

  • Here details how to use Curve with LAKS PAY: LINK

Collection 2023: LINK

SIMPLE CONTACT YOUR MASTERCARD RELATION MANAGER

From now on, all new banks will be connected to our new token requester wearonize and can benefit from our brand new LAKS PAY app.

The new LAKS PAY is the only company in the passive wearable market that has full control over the entire user experience. Our joint venture controls an unmatched product, including an exhaustive service from hardware design and manufacturing, to software, tokenization processes, shipping, and support. 

Consumers across the Europe region are increasingly using digital wallets for both in-store and online payments. Mastercard is launching the Wallet Express Issuer Enablement Program for all issuers in the Europe region. This program will aim to ease the issuers’ efforts in enabling and supporting multiple digital wallets. Mastercard will enable a participating issuer for eligible Mastercard Digital Enablement Service (MDES) wallets launched in the respective countries without the need to raise wallet onboarding projects for the target wallets: LINK

You have a question about LAKS PAY products? LINK 

LAKS.com

  • LAKS.com continues to serve new and existing LAKS customers for: CURVE, Raiffeisen, Hypo Salzburg, NORDEA, SWEDBANK and iCard.
  • ABN and KBC –  did stop the service. NEW option for ABN and KBC customers are iCARD and CURVE
  • VIMpay customer? You can connect the wearables from LAKSPAY.com and LAKS.com
  • iCARD customer? You can connect all LAKS wearables from LAKS.com (valid for 6 years).
  • CURVE customer? You can connect the Wearable with your physical CURVE card on LAKS.com. In your Curve app you choose from which card the payment should be debited. 
  • Activation takes place after receipt of the wearable with an SMS from your bank
  • Existing Wearables cannot be used with the  LAKS PAY App 
  • The NFC chip in the existing LAKS.com wearables are not suporting the new LAKS PAY App.
  • Our service is running as smoothly as it has for the last 5 years.

You have a question about LAKS products? LINK

YOU’RE A BANK AND DON’T HAVE WEARABLES YET!

𝗛𝗮𝗹𝗹𝗼 𝘁𝗼 𝗮𝗹𝗹 𝗲𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗮𝗿𝗱 𝗶𝘀𝘀𝘂𝗲𝗿𝘀!
Building on the big success of the previous Wallet Express program Mastercard is now launching the second iteration of the Wallet Express program. Staring on September 15, 2023.

👍 All Mastercard issuers in the Europe region can now easily bring tokenised wearable payment to all their customers.
👍 Wallet Express eliminates the need to raise extra onboarding projects, which allows you to profit from this unique opportunity and simplifies the process.

LAKS PAY and JV partner wearonize offer a 360-experience with the full-blown state-of-the-art payment – the LAKS PAY APP for IOS and Android – including tokenization, wearable management, and financial analytics. LAKSPAY.com offers the largest range of wearables. Wearonize is serving the world brand SWATCH since many years and is connected to hundreds of banks as well.

Ask your Mastercard relation manager or contact us and we´ll send you all infos:)

READ HERE ALL INFOS:

LINKEDIN POST with all the DETAILS – LINK

Below you find more details about the Mastercard integration

Consumers across the Europe region are increasingly using digital wallets for both in-store and online payments. Mastercard is launching the 2nd Wallet Express Issuer Enablement Program for all issuers in the Europe region. This program will aim to ease the issuers’ efforts in enabling and supporting multiple digital wallets. Mastercard will enable a participating issuer for eligible Mastercard Digital Enablement Service (MDES) wallets launched in the respective countries without the need to raise wallet onboarding projects for the target wallets.

DIGITAL ACTIVITY CUSTOMER (DAC)
G+D
https://www.gi-de.com/en/payment/digital/digital-payment-solutions/convego-cloudpay-ese
WALLET ID (WID)
633
TOKEN REQUESTOR ID (TRID)
50129767421
ACTIVE / PASSIVE
Passive
PRODUCTS
Mastercard Credit
Mastercard Debit
Maestro
MOBILE PAYMENT APPLICATION (MPA)
wearonize
CONSUMER BRAND
LAKS PAY: www.LAKSPAY.com
SWATCH: https://www.swatch.com/en-gb/swatch-pay.html
wearonize: www.wearonize.com/wearables_for_banks