Category: NFC News

JupiterResearch Forecasts the Value of Transactions Conducted Using Contactless Tokens Will Reach $79 Billion in 2010

New York, NY, November 28, 2006–JupiterResearch, a leading authority on the impact of the Internet and emerging consumer technologies on business, finds that the total value of transactions conducted using contactless payment tokens will grow from $500 million in 2006 to $79 billion in 2010. According to a new JupiterResearch report, “US Contactless Payments; Primed…

Discover Network Certifies OTI Card Reader for Contactless Payment System

OTI’s Saturn 5000 to Support Discover Network’s Fast, Secure, and Simple Contactless Payment System Worldwide Riverwoods, IL,, November 28, 2006–Discover Network, a business unit of Discover Financial Services and Morgan Stanley (NYSE: MS), today announced that it has certified the Saturn 5000 contactless reader developed by On Track Innovations (OTI) (NASDAQ: OTIV), a global leader…

Tap & Go At Rabba Fine Foods With MasterCard PayPass

Toronto, November 27, 2006–MasterCard Worldwide today announced that Rabba Fine Foods, Your Neighbourhood Marketplace, will begin accepting MasterCard® PayPass™ at its 30 stores across the Greater Toronto Area. Rabba customers will be able to purchase great food and a host of other items by simply tapping their PayPass-enabled MasterCard card on a specially equipped payment…

U.S. Bank to Launch Contactless Credit Card Pilot in Denver

DENVER, (BUSINESS WIRE), Nov. 20, 2006–A group of U.S. Bank customers in the Denver area will soon be able to use a new “contactless” feature with their U.S. Bank Visa Credit Cards that allows them to quickly pay for purchases by holding their card in very close proximity to a secure reader at checkout instead…

PricewaterhouseCoopers (PwC) opts for contactless all-on-one-card solutions at its new prestige Swiss offices using LEGIC® technology

PricewaterhouseCoopers (PwC) opts for contactless all-on-one-card solutions at its new prestige Swiss offices using LEGIC technology PricewaterhouseCoopers, the renowned and trustworthy partner of financial accounting, audits, financial and legal advice, and management consultancy decided for LEGIC. One of the challenges facing the new system was to provide a cleverly devised access system, to provide optimum…

LEGIC® license partnership enables Atron Systems AG to expand its innovative contactless product offering

Zurich, Bronschhofen–LEGIC Identsystems Ltd, the leading manufacturer of contactless smart card systems for personal identification applications, and Atron Systems AG, international supplier of ticket sales systems and administration software for transport companies, sign a license agreement. Using LEGIC smart card technology will allow Atron to equip its existing products for contactless operation and take another…

MasterCard and USA Technologies to Expand MasterCard® PayPass™ Deployment to Nationwide Rollout of 5,000 e-Port® Device

Purchase, NY, November 16, 2006–MasterCard Worldwide and USA Technologies (OTC Bulletin Board: USAT) today announced that 5,000 additional self service point-of-sale terminals, including vending machines, will be equipped with the e-Port® cashless transaction solution to begin accepting MasterCard® PayPass™. The deployment is the largest rollout to date of contactless technology in self service point of…

MasterCard and USA Technologies to Expand MasterCard PayPass Deployment to Nationwide Rollout of 5,000 e-Port Devices

Purchase, NY, November 16, 2006–MasterCard Worldwide and USA Technologies (OTC Bulletin Board: USAT) today announced that 5,000 additional self service point-of-sale terminals, including vending machines, will be equipped with the e-Port® cashless transaction solution to begin accepting MasterCard® PayPass™. The deployment is the largest rollout to date of contactless technology in self service point of…