ContactlessNews | Lo-Q, MasterCard partner for contactless payments in theme parks

Monday, December 5, 2011

Lo-Q has signed a three-year Memorandum of Understanding with MasterCard to develop a new contactless payment solution for theme parks, water parks and other entertainment attractions.

The solution will combine MasterCard’s PayPass contactless payments technology with Lo-Q’s queuing software and systems, which enables guest to reserve their spot in a virtual queue rather than wait in line.

With Lo-Q’s solution, theme park guests receive a “Q-bot” handheld device that they can use to reserve their place in line at rides and attractions so that they are free to wander elsewhere. Once their turn is up, the device buzzes and beeps to alert the guest.

Tom Burnet, Lo-Q plc CCEO, comments: “Visitors like our products and they get much more from their days out by leaving the queues behind and focusing solely on having fun. By combining these qualities with the world-class payment technologies and reach offered by MasterCard means that we can now work together to create new and exciting growth opportunities for both our firms.”

Identive's tomPAY sticker turns any mobile phone into a contactless payment device

Identive Group announced tomPAY, an NFC-enabled sticker tag that can be affixed to existing mobile phones to enable contactless payments.

Based on Identive’s tom (tag on metal) smart inlay technology, tomPAY is manufactured using the same processes as an ISO PVC card. When placed on a phone, tomPAY enables contactless mobile payments in compliance with MasterCard PayPass specifications, as well as loyalty, transport ticketing and other m-commerce services.

MasterCard Advisors reveals results from study on contactless payments

MasterCard Advisors announced the results of the MasterCard Advisors PayPass Adoption Study, providing a quantitative analysis of the changes in U.S. account transaction behavior after adopting a contactless payments solution.

Azerbaijan excited for new contactless and mobile payments

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.

OTI to deliver 30,000 NFC readers in the U.S.

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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