Contactless Smart Cards, RFID, Payment, Transit and Security

Ingenico PINpad approved by MasterCard and Visa

Monday, June 23, 2008

Ingenico has announced that its i3070 Contactless PINpad has been approved by both Mastercard PayPass and Visa payWave. The company notes that this gives their pinpad a unique flexibility, as it is the first such device on the market that can read magnetic stripe cards, smartcards, contactless cards and NFC phones.

The i3070 Contactless can be connected to most Ingenico terminals or sale systems via one cable. The device is PCI-PED-compliant and supports the latest and most stringent payment requirements from MasterCard and Visa, including EMV Contactless and mobile phone payments [end] 

Sticking to its plan for a contactless rollout in 2012, Australian retailer Coles has selected Ingenico to provide its Ingenico iPP350 contactless payment terminals.

According to finextra.com, the Aussie retailer first piloted the technology in September 2011, and has since decided to expand. All business groups will deploy the new iPP350 across 24,000 lanes within the next few months, making the retailer one of the first in Australia to offer the contactless payment option.

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Ingenico announced the launch of a new conactless card payment system for public transportation in Eskisehir, Turkey.

Based on MasterCard’s M/Chip Advance technology, the new system will allow riders on Eskisehir’s buses and tramways to pay for fares with the tap of a contactless “Esparacard” card.

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Ingenico has delivered contactless payment technology in the Ukraine.

PrivatBank, the Ukraine’s largest commercial bank, is now issuing MasterCard PayPass contactless payment cards, which can be to make tap and go payments at retailers equipped with Ingenico’s iCT220 and iPP220 terminals (pictured).

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Barnes International announced that its updated Visa GPR Test module now complies with the latest version of Visa’s Global Personalization Requirements.

The updated test tool will offer evaluation of a chip product to ensure it meets industry and payment scheme certification standards. This reduces a product’s time to market as the chip is aligned to Visa Specifications throughout the development life cycle and before applying for official Visa approval.

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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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The point-of-sale terminal has entered a period of dramatic change, according to the latest report release by the Mercator Advisory Group. And the next few years in the industry promise to be a period of even greater change and development than the last.

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