News : Contactless Payments News

New Visa payWave Issuers and Merchants Sign Up for Faster, More Convenient Payments

Posted by Smart Card Alliance Thu, 20 Sep 2007 14:31:00 GMT

SAN FRANCISCO, September 20, 2007–Visa International, a global leader in electronic payments, announced continued progress in the adoption of innovative contactless-based payments around the world. Visa payWave, Visa’s name for its contactless technology feature, allows cardholders to wave their card in front of contactless payment terminals without the need to physically swipe or insert the card into a point-of-sale device.

Harvard University Employees Credit Union First Credit Union to Issue MasterCard PayPass

Posted by Smart Card Alliance Mon, 17 Sep 2007 14:37:00 GMT

Harvard employees, students, faculty and alumni to use HUECU MasterCard® PayPass™ debit cards to Tap & Go™ when buying items throughout Harvard Square and around the world

Purchase, NY, September 17, 2007–MasterCard Worldwide and Harvard University Employees Credit Union (HUECU) today announced that HUECU has begun issuing Debit MasterCard cards enabled with the MasterCard® PayPass™ payment functionality, bringing the speed and convenience of contactless payments to Harvard University employees, faculty, students, alumni and Harvard teaching hospitals and affiliated organizations. HUECU, a state-chartered credit union that has been serving its members since 1939, is the first credit union to announce that it is issuing PayPass-enabled payment cards.

Pets and Their Owners No Longer Have to Heel in Long Lines as PETCO Now Accepts MasterCard PayPass

Posted by Smart Card Alliance Thu, 13 Sep 2007 14:41:00 GMT

Leading Pet Supply Retailer Joins Expanding List of Merchants Accepting Contactless Payment Technology to Offer Consumers Speed and Convenience

Purchase, NY, September 13, 2007–MasterCard Worldwide and PETCO Animal Supplies, Inc., announced today that MasterCard® PayPass™, an innovative contactless payment option, will now be accepted at all of PETCO’s nearly 900 stores located in 49 states and the District of Columbia. PETCO, a leading specialty retailer of premium pet food, supplies and services, is an ideal location for this quick and easy contactless payment option, helping customers and their four-legged friends speed through the checkout process.

Central Bancompany is First Community Bank Holding Company to Announce it Is Issuing MasterCard PayPass Debit Cards

Posted by Smart Card Alliance Mon, 10 Sep 2007 14:43:00 GMT

Tap & Go™ Payment Technology Provides Customers Speed and Convenience

Jefferson City, MO, September 10, 2007–Central Bancompany, a community bank holding company based in Jefferson City, Mo., today announced it is providing customers with MasterCard® PayPass™ contactless payment technology. It is the first community bank holding company to announce it is issuing PayPass cards, the first Missouri-based financial services company to issue the cards, and it is offering the technology on debit cards. The PayPass-enabled cards offer debit cardholders at 12 of Central Bancompany’s banks throughout Missouri a fast, secure way to pay and a more convenient shopping experience by enabling “Tap & Go™” payments.

Rollout of JCB Global Contactless Payment Program 'J/Speedy™' in Taiwan; World's First Launch by Union Bank of Taiwan for Breeze Center JCB Card

Posted by Smart Card Alliance Fri, 07 Sep 2007 14:25:00 GMT

Tokyo, Japan, Sept 7, 2007–JCB Co., Ltd. (JCB), a major global payment brand and leading credit card issuer and acquirer in Japan, and JCB International Co., Ltd. (JCBI), JCB’s international subsidiary, announced the launch of the Breeze Center JCB Card with the J/Speedy™ contactless payment program in alliance with Union Bank of Taiwan (Union Bank). This will be the first card with J/Speedy in the world. J/Speedy allows customers to pay quickly and easily by simply tapping the card - no signature is required.

MasterCard Makeover For Iconic Millennium Bridge

Posted by Smart Card Alliance Tue, 04 Sep 2007 13:02:00 GMT

‘Coin Bridge’ Paves Way to a Cashless Future with MasterCard® PayPass™

London, UK, Tuesday 4 September 2007–In an unprecedented move to mark the national rollout of MasterCard® PayPass™ and Maestro® PayPass and celebrate the arrival of ‘Tap & Go™’ payments in the UK, MasterCard has transformed the Millennium Bridge by carpeting the London landmark with millions of pounds of cash and coins All cash and coins are merely reproductions and not actual legal tender., paving the way to a cashless future. Londoners making the journey across ‘Coin Bridge’ also have the opportunity to make a break with the past and give away their cumbersome cash to a good cause: the ‘Coin Street’ charity, which supports social housing and community projects in and around London’s South Bank.

Office Depot Becomes First Office Supply Superstore to Accept MasterCard PayPass

Posted by Smart Card Alliance Tue, 28 Aug 2007 14:44:00 GMT

Growing List of Retailers Now Accepting MasterCard “Tap & Go™” Contactless Payments

Purchase, NY, August 28, 2007–MasterCard Worldwide announced today that Office Depot (NYSE: ODP), a leading global provider of office products and services, will accept MasterCard® PayPass™, an innovative contactless payment option, in its more than 1,000 retail store locations nationwide. With a strong consumer and small business customer base, MasterCard sees Office Depot as the ideal setting for the first contactless payment deployments in the office supply industry. Office Depot will continue to accept traditional magnetic-stripe payment cards as well.

Majority of Baby Boomers and Echo Boomers Predict a Cashless Society

Posted by Smart Card Alliance Mon, 27 Aug 2007 14:50:00 GMT

Visa’s Generational Spending Study Reveals New Insights Into America’s Most Influential Consumers

SAN FRANCISCO, August 27, 2007–According to new data released by Visa USA, an overwhelming majority of both Baby Boomers (79 percent) and Echo Boomers (74 percent) believe that our society will one day operate without cash and checks and will conduct all payment transactions electronically. Visa’s study of generational spending preferences debunks stereotypes and highlights the impact and consequences of one generation passing the mantle of economic influence to the next.

MasterCard and VeriFone to Expand Taxi Payments Leadership by Enabling Passengers to 'Tap & Go' in More Than 5,000 NYC Taxis

Posted by Smart Card Alliance Thu, 16 Aug 2007 15:13:00 GMT

MasterCard® PayPass™ Builds on Successful Rollout in Philadelphia Taxis by Bringing Speed and Convenience to Taxi Passengers in NYC and Las Vegas

Purchase, NY, August 16, 2007–MasterCard Worldwide and VeriFone Holdings (NYSE: PAY) today announced that New York City (NYC) taxis are accepting MasterCard® PayPass™. Certain NYC taxis began accepting PayPass in June and more than 5,000 NYC taxis are anticipated to accept PayPass by December 2007. MasterCard is the global leader in contactless payments, with more than 16 million PayPass cards and devices in use at more than 55,000 merchant locations worldwide as of 2Q 2007. MasterCard is leading the introduction of cashless payments to transit environments around the world, including subway systems, buses, ferries, parking lots, tolls and taxis.

MasterCard and USA Technologies to Expand MasterCard® PayPass™ Rollout to Another 7,500 Locations Nationwide

Posted by Smart Card Alliance Tue, 07 Aug 2007 20:14:00 GMT

Record Deployment Gives Consumers More Options at Vending Machines Nationwide; Continues Vending Industry’s Transition to Cashless

PURCHASE, NY, August 7, 2007–MasterCard Worldwide and USA Technologies Inc (NASDAQ: USAT) today announced the installation of a record number of cashless payment terminals into Coca-Cola Enterprises vending machines in several markets nationwide. With this innovative move, consumers in several U.S. markets will no longer have to dig for coins or have exact change to purchase their favorite Coca-Cola products from a vending machine.

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