Contactless Smart Cards, RFID, Payment, Transit and Security

One year after nationwide launches, big three U.S. payment card brands remain bullish on contactless

Wednesday, August 23, 2006


After two-plus years of pilots in various parts of the U.S., each of the big three credit card providers rolled out their own contactless payment version last year. So, after a year in operation how are things going?

Actually, since the pat answer from all three is “very well, better than expected, etc.” the better question would be, what’s next? A lot, as it turns out, from different form factors, including watches, to use of mobile phones as a payment medium, to tapping and going your way through the New York Metro turnstile.

There are 1616 words in the rest of this article …

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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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On Track Innovations (OTI) has received an order for 30,000 of its NFC and contactless payment readers for deployment in the U.S.

OTI did not reveal who will receive the readers, but assured that the devices would be used to support the migration towards contactless payments and NFC in the U.S.

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Nine out of 10 previous users of contactless mobile payments are likely to use the technology again in the near future, according to eDigitalResearch’s new Mobile Payment Index study.

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Superdrug, one of Britain’s largest beauty and health retailers, has introduced contactless payment for its in-store customers, according to Retail Gazette.

Created by Streamline and Visa Europe, the contactless system will enable customers to make payments of up to £15 (approx. USD $23) by simply waving their contactless bank card at the more than 50 participating Superdrug stores in London and Liverpool.

read more »

Chinese handset manufacturer ZTE has partnered with Turkcell, Turkey’s largest mobile operator, to offer a new SIM-based NFC mobile device for the Turkish market.

The Turkcell T11 handset (aka the ZTE Racer II) can be used to pay for both highway toll payments and items at the point of sale with a simple tap against a contactless reader.

read more »

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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