Contactless Smart Cards, RFID, Payment, Transit and Security

MicroPass 4003 ready for MasterCard PayPass

Tuesday, March 18, 2008

INISIDE’s MicroPass 4003 Receives MasterCard PayPass Certification

The next-generation MicroPass 4003 contactless payment microprocessor from INSIDE is ready for deployment for all PayPass products. Designed to meet multi-payment brand and multi-application requirements of the U.S., Canadian and other contactless payment markets, the MicroPass 4003 payment platform enables card manufacturers to rapidly deliver MasterCard PayPass approved products into the market.


INSIDE Contactless has improved the security capabilities of its intelligent hardware platforms such as the MicroPass 4003. It incorporates new security enhancements developed in cooperation with MasterCard in conjunction with its CAST compliance.

With INSIDE’s completion of digital and functional testing and type approval for PayPass, the MicroPass 4003 enables card manufacturers to more easily obtain final approvals from MasterCard for manufacturing PayPass cards. Further, a packaging configuration of MicroPass 4003 with an INSIDE-designed half-size antenna has been pre-approved for use by MasterCard-qualified card manufacturers.

The INSIDE Contactless MicroPass 4003 contactless payment card microprocessor is available now. [end] 

MasterCard and mFoundry have announced a partnership to enable more banks and credit unions around the world to offer customers contactless mobile payments.

The collaboration will combine MasterCard’s PayPass technology with mFoundry’s mobile financial services platform, which is used by more than 560 U.S. banks and credit unions. The resulting service will allow customers to make payments by simply tapping their NFC-enabled phone on any PayPass terminal at a merchant check-out.

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Ed McLaughlin, MasterCard’s head of Emerging Payments, has some good news for those waiting on NFC-enabled phones for contactless payments.

In an interview with Fast Company, McLaughlin said that he didn’t know of a handset maker who wasn’t working on integrating support for PayPass contactless payments.

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As some may recall back in June 2010, the Metropolitan Transportation Authority (MTA) of New York launched tap-and-go contactless payments for commuters to enter select subway stations and participating bus lines using MasterCard PayPass-enabled terminals. Well, the results are in.

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The UK’s YESpay International and YES-wallet.com have teamed up to build an NFC-enabled cloud-based mobile payments platform.

By integrating the YES-wallet Pouch digital wallet with YESpay EMBOSS payment service, the companies will provide a platform that encompasses e-Money, pre-paid and gift-card payments based on Visa PayWave and MasterCard PayPass contactless standards.

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Turkcell, Turkey’s largest mobile operator, has announced the launch of its Cep-T Cüzdan NFC mobile wallet application on BlackBerry Bold 9900 smart phones.

Turkcell subscribers with NFC-enabled Bold 9900s can now use the mobile wallet service to make contactless payments at any MasterCard PayPass-enabled point of sale across Turkey, as well as abroad.

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Laks has announced the commercial launch of its watch2pay contactless-enabled wristwatch in the UK.

Equipped with MasterCard’s PayPass technology, the watch can be used to make contactless purchases of up to £15 in more than 70,000 UK retailers now accepting PayPass payments.

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