Category: Contactless Payments News

Majority of Baby Boomers and Echo Boomers Predict a Cashless Society

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…

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

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…

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

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…

FreedomPay® Announces Full Integration with HID’s iCLASS® Contactless Smart Cards

WAYNE, PA, July 10, 2007–FreedomPay, Inc., the leader in contactless transactions and settlements to the nation’s largest hospitality foodservice providers, healthcare systems, Fortune 1000 corporations, and educational institutions, today announced that its’ online hosted network integrates fully with the read/write capability of HID’s iCLASS 13.56 MHz contactless smart card technology. “The FreedomPay cashless application, when…

Small Ticket Payments Get Boost From Federal Reserve Decision On Regulation E Requirement

Excluding Transactions $15 or Less from Receipt Requirement will Help Merchants, Consumers by Fostering Card Acceptance in Cash and Coin-Heavy Merchant Categories SAN FRANCISCO, June 28, 2007–A Federal Reserve Board decision announced today will make it easier for merchants to accept cards at vending machines, parking lots and a range of other locations, giving consumers…

Wells Fargo, Visa Launch Mobile Payment Pilot

Three-Phase Test Based on Visa’s Mobile Platform; Initial Phase of Pilot Designed To Shed Light on Consumer Preferences and “Road-Test” Technology SAN FRANCISCO, June 27, 2007–Wells Fargo & Company (NYSE: WFC) and Visa USA today announced the launch of an extensive mobile pilot to test consumer mobile payments and services. The pilot has three phases…

Survey Results Reveal an Increase in Contactless Payments via New MasterCard Mobile with PayPass

A Majority of Trial Users Surveyed said they Enjoy Using a Mobile Phone to Make Daily Payments Taiwan, June 21, 2007–MasterCard Worldwide in collaboration with Taiwan Mobile and Taipei Fubon Bank today announced the initial results of a survey conducted in line with trial of MasterCard® Mobile with PayPass™. The survey results revealed that over…

ACS and MasterCard Worldwide Introduce Contactless Payments to Parking Areas at Major U.S. Airports

Customers will use MasterCard PayPass to ‘Tap & Go™ ’ and Quickly Exit Busy Airport Parking Lots Dallas, Texas, June 12, 2007–Affiliated Computer Services, Inc. (NYSE: ACS) today announced that its airport parking applications in North America will begin accepting MasterCard® PayPass™ contactless payments. ACS is the leader in large airport parking systems, with more…

Beep, Beep! Visa and Creative Mobile Technologies Partner to Bring Faster Payments to Thousands of New York Taxis

Taxis Install State-of-the-Art Visa payWave Readers; Passengers Avoid Fumbling for Cash, Pay Faster SAN FRANCISCO, June 12, 2007–Visa, a global leader in payments, and taxi innovation expert Creative Mobile Technologies (CMT), today announced the launch of a program to enhance the payment experience for New York taxi passengers. The initiative, which started in June 2007,…

New MicroPass Developers Kit for Contactless Payment Value-Added Applications is Available

Simplifies the process of incorporating microloyalty programs andtransit/access applications onto contactless payment cards Aix en Provence, France, June 12th, 2007–INSIDE Contactless, a leading provider of advanced, open standard contactless chip technologies, today announced the availability of a new software development kit that makes it easy for card manufacturers and other developers to incorporate MicroLoyalty and…