Contactless Smart Cards, RFID, Payment, Transit and Security

PayPass coming to Russia, Azerbaijan

Monday, May 24, 2010

Mastercard’s PayPass contactless payment system is set to arrive in Azerbaijan and Russia, according abc.az.com.

The executive director of The Milli Kart processing company in Azerbaijan says company has begun preparations for PayPass, but is still in the process of determining the cost for chips, readers and other services.

Meanwhile, Ekspobank and Sberbank of Russia are planning to introduce the system in Moscow’s metro, as well as for Russia’s railways, with Sberbank looking to order 15,000 PayPass chips, says ABC.

Read more here. [end] 

Related Articles
BPC, Alfa-Bank debut contactless Visa cards in Russia

BPC Banking Technologies and Alfa-Bank have teamed up to complete the first certified Visa PayWave launch in Russia, according to RFP Connect.

Alfa-Bank, which boasts some 200 branches throughout Russia, will distribute contactless PayWave Visa cards to its customers to enable low-value contactless payments at the point of sale. To pay, customers need only tap their PayWave card against a contacltess reader at checkout - no PIN of signature required. Transactions are protected by 128-bit technology that generates unique cryptograms for each payment, according to BPC.

read more »
Survey: Germans coming around to NFC, contactless payments

A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

read more »
Results revealed from MTA, MasterCard PayPass pilot

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.

read more »
MasterCard, mFoundry partner to expand mobile payments

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.

read more »
MasterCard introduces contactless payments to the Azerbaijan financial market

MasterCard announced that it intends to present its contactless payment cards to Azerbaijani financial market in 2012.

According to abc.az, MasterCard is in negotiation with the Central Bank of Azerbaijan, as well as Azerbaijan private banks regarding the implementation of projects on non-cash payments and the introduction of contactless cards for payments for applications in transit, dining and entertainment.

read more »
Turkcell launches mobile wallet on BlackBerry phones

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.

read more »

↓Ads by AVISIAN↓
Subscribe to the Contactless News Library
Gain access to the largest collection of Auto-ID analysis on the Internet.
Copyright © 2012, AVISIAN, Inc. All rights reserved.