Contactless Smart Cards, RFID, Payment, Transit and Security

Home Depot set to deploy contactless

Thursday, July 16, 2009

While Home Depot and its 1,974 stores is preparing to roll out a contactless payment infrastructure, another major electronics retailer, Best Buy, may be abandoning the technology, according to Storefront Backtalk’s online newsletter.

Home Depot is expected to start distributing in about a month more than 20,000 Ingenico contactless readers to its 2,200 stores with full deployment expected to be complete by the end of the year.

The greater concern is with Best Buy, which may be moving away from contactless due to Visa’s pricing policy that charges more for contactless debit transactions, compared with MasterCard, according to the newsletter.

Read more here. [end] 

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