Campus Cards, College and University Identification and Security

MasterCard’s PayPass moving toward a “staged national rollout” in U.S.

Wednesday, September 29, 2004

After successful trials in Orlando and Dallas, MasterCard’s PayPass is ready for national prime time with one of the nation’s largest restaurant chains helping to kick off the rollout. Participating McDonald’s restaurants in Dallas and the New York metropolitan area will implement MasterCard PayPass later this year, with additional locations to be added in 2005.

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MasterCard’s PayPass has recorded 49% growth in the first quarter of 2010 compared to the same period last year, according to bernama.com.

MasterCard says a major contributing factor to this growth is the high level of consumer satisfaction with the contactless payment service, with 94% of PayPass customers reporting they are “satisfied” to “very satisfied.”

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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.

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MasterCard and Gemalto have announced a new pilot featuring an NFC-enabled device that can be inserted into a mobile phone to turn it into payment device.

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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.

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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.

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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.

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