Contactless Smart Cards, RFID, Payment, Transit and Security

Paypass & ExpressPay updates part of recent contactless payments teleconference

Thursday, September 2, 2004

If the purpose of the recent SmartTalk Teleconference hosted by the Smart Card Alliance was to generate enthusiasm and optimism for contactless technology, it certainly succeeded thanks to the latest positive results of contactless trials reported by two of the majors–MasterCard and American Express.

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Identive Group announced tomPAY, an NFC-enabled sticker tag that can be affixed to existing mobile phones to enable contactless payments.

Based on Identive’s tom (tag on metal) smart inlay technology, tomPAY is manufactured using the same processes as an ISO PVC card. When placed on a phone, tomPAY enables contactless mobile payments in compliance with MasterCard PayPass specifications, as well as loyalty, transport ticketing and other m-commerce services.

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MasterCard has announced PayPass Wallet Services, a new global offering for banks, merchants and partners that will enable customers to make purchases in stores or online using a smart phone or tablet.

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Albron, an independent caterer in the Netherlands, will offer biometric- and contactless-based payments in its restaurants thanks to a newly signed agreement with pan-European payment processor Equens.

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MasterCard’s PayPass contactless payment feature may soon be presented to the Azerbaijan market of cashless payments.

According to a recent MasterCard study, 75% of the local residents said they would like to use contactless payment cards in supermarkets and 60% to pay public transport fare. When asked which devices, in addition to a plastic card, it would be convenient to make payments, 86% of respondents said they would like to use their mobile phone.

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MasterCard Advisors announced the results of the MasterCard Advisors PayPass Adoption Study, providing a quantitative analysis of the changes in U.S. account transaction behavior after adopting a contactless payments solution.

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Denizbank, a private bank with 588 branches in Turkey, has joined Turkcell’s Cep-T Cuzdan platform, enabling its customers to make contactless payments with their NFC-enabled handsets.

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