Smart Card Alliance Hosts Teleconference on Merchant, Consumer and Issuer Benefits of Contactless Payment
Princeton Junction, NJ, June 9, 2004–Executives from the retail and payments industries are invited to join a live interactive teleconference presentation on â€œContactless Payments: Delivering Merchant and Consumer Benefitsâ€ hosted by the Smart Card Alliance.
The SmartTalk Teleconference will be held July 22, 2004 at 1:00 PM Eastern Daylight Time. Attendees must pre-register for the hour and fifteen minute presentation and discussion by visiting the Web site at http://www.securetechalliance.org or calling the Alliance at 1-800-556-6828.
Millions of U.S. consumers are already using contactless payment devices at gasoline service stations, transit systems, and on our nation’s highways, bridges and tunnels. Millions more are expected this year as new financial industry-backed contactless payment initiatives are launched in test cities for retail purchases. Consumers and retailers alike are attracted to the dual advantages of fast and convenient credit payments using contactless technology. Retail segments where speed and convenience of payment are essential are among those who realize the greatest benefits from contactless payment including faster transaction times, increased revenues and lower operating costs.
This SmartTalk teleconference will provide a comprehensive look at the benefits contactless payments give to merchants, consumers and issuers. The program will draw on the experiences of both MasterCard’s “PayPass” and American Express’ “ExpressPay” products in their pilot programs, and on a recently published report by the Alliance’s multi-organization Terminal and eTransaction Infrastructure Task Force.
The panel of industry experts who will present during the teleconference includes:
- Don Davis, editor and associate publisher, Card Technology, on “Contactless Payments in Perspective”
- Betsy Foran-Owens, vice president, Product Services, Global Development, MasterCard International, on “MasterCard PayPass: Consumer & Merchant Results”
- David Bonalle, vice president and general manager of Advanced Payments Development, American Express, on “American Express ExpressPay: Consumer & Merchant Results”
- Amol Deshmukh, director, field marketing, Banking, Retail and Loyalty, Axalto, on “The Merchant Business Case for Contactless Payment”
- Mohammad Khan, president and COO, ViVOtech, on “Implementation Impact for Merchants”
SmartTalk teleconferences are open to both Smart Card Alliance members and non-members. Participation in the SmartTalk teleconferences costs $95.00 per registration for non-members. Alliance members receive a number of complimentary registrations based with their membership level. Everyone who registers will be able to receive the SmartTalk slide presentation in advance to follow along with the guest presenters
Non-members who register and attend the SmartTalk teleconference will also receive a coupon for $100 off the new 42-page Smart Card Alliance report, “Contactless Payments: Delivering Merchant and Consumer Benefits” ($145 list price).
Registration for the teleconference and additional information on the Smart Card Alliance can be found at /.
About the Smart Card Alliance
The Smart Card Alliance is a not-for-profit, multi-industry association working to accelerate the acceptance of smart card technology.
Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. For more information please visit http://www.securetechalliance.org.