Campus Cards, College and University Identification and Security

Paypass & ExpressPay updates part of recent contactless payments teleconference

Thursday, September 2, 2004

If the purpose of the recent SmartTalk Teleconference hosted by the Smart Card Alliance was to generate enthusiasm and optimism for contactless technology, it certainly succeeded thanks to the latest positive results of contactless trials reported by two of the majors–MasterCard and American Express.

There are 1306 words in the rest of this article …

Library Access Required

Library subscribers have access to the full archives of more than 10,000 original news items and feature articles published by AVISIAN’s suite of ID technology publications (ContactlessNews.com, CR80News.com, DigitalIDNews.com, FIPS201.com, NFCNews.com, RFIDNews.org, SecureIDNews.com, and ThirdFactor.com).

For just $49, you receive unlimited password-protected access to content on all of AVISIAN’s sites for an entire year. Your subscription helps fund the continued creation of independent, insightful content. Find out more.

Sign in as a Subscriber

If you are already a subscriber, you may sign in now. Enter your Email Address and Password and click Sign In.

Email Address →
Password →
Action →

If you have forgotten your password, enter just your Email Address, and click Send Password.

Email Address →
Action →

MarketsandMarkets has released a new report predicting that the value of mobile payment transactions in the US will reach $56 billion in 2015.

According to the report, “Mobile Payment - Advanced Technologies (NFC), Strategies And Future Of Remote & Proximity Payment In US,” the market for NFC mobile payment in the US is currently in its infancy, with an adoption rate of only 1.7%.

read more »

The Canadian contactless payments market is set to take off as large stores rapidly adopt the new technology, and smaller merchants threaten to make the jump as well, according to itbusiness.ca.

read more »

The Smart Card Alliance Transportation Council is holding a meeting on open standards payment for public transportation in New York City on September 22 - 23.

read more »

MasterCard’s stock dropped 3.6% on the recent announcement Verizon and AT&T are partnering with Discover and Barclays to launch mobile contactless payment services, but the company says it has its own ventures in diversified payments.

read more »

MasterCard PayPass stickers, now available for Citi credit cards can be affixed to the back of any mobile device and used to make contactless payments at merchants that accept PayPass transactions.

read more »

BNP Paribas has announced the launch of its Platinum MasterCard PayPass contactless credit card in Egypt, making it the first bank in the country to introduce contactless payment cards.

read more »

Cardsmith