Thursday , March 28, 2024

Radio Frequency Technology

MasterCard Will Kick off New NFL Season with Stadium PayPass Deals

MasterCard International's PayPass contactless payment technology will be deployed at 900 points of sale for concessions inside two stadiums starting with the 2005 National Football League preseason, the card company announced today. Interest among sports stadiums in PayPass, which replaces conventional card swipes with radio signals that carry card-account data …

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C-Store Chain Sheetz Is First Merchant to Adopt PayPass Chainwide

Sheetz Inc. will install MasterCard International's PayPass tap-and-go payment system in all 305 of its stores by March 1, the two companies have announced. Sheetz, a top-10 operator of convenience stores based in Altoona, Pa., says it hopes the radio-frequency-based system will add to customer convenience by cutting transaction time …

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CVS Will Roll Out AmEx’s ExpressPay, But AmEx Loses Walgreen’s

It has been an eventful week for American Express Co. Today the company announced that Woonsocket, R.I.-based drugstore chain CVS Corp. has agreed to serve as the first national merchant to accept ExpressPay, an AmEx system that relies on radio waves rather than card swipes to authorize transactions. This news …

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A Startup Says It Can Merge RFID Payment with Biometrics

A startup company says it is probably 12 to 18 months away from piloting a contactless payment card that will incorporate both chip-based radio-frequency identification and biometric authentication technology. Up to now, RFID-based payment pilots and programs have not included PINs or any other means of authenticating users. But 2-year-old …

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MasterCard Teams with Motorola to Test PayPass for Cell Phones

MasterCard International announced today it will launch pilots of its PayPass electronic payment system on mobile phones from Motorola Inc. The Purchase, N.Y.-based card company says the pilots will get under way at a “variety” of unspecified locations in the U.S by the end of the year. The Motorola phones …

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Why the U.S. Is a Low Priority for Canada’s Dexit

Dexit Inc., a Toronto-based processor of stored-value transactions using radio-frequency identification (RFID) technology, is expanding nationally in Canada and will begin processing transactions in other parts of the world next year?but not in the U.S. any time soon. Dexit, which allows consumers to use chip-embedded keychain “tags” to tap accounts …

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Atmel and OTI Announce First Major Order for PayPass Gear

On Track Innovations Ltd. and Atmel Corp. announced today they have received the first order for microprocessors in “commercial quantity” for MasterCard International's PayPass contactless payment program. OTI said it also expects orders for card readers to support rollouts of PayPass cards by issuers later this year. The two companies …

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RFID Scores a Coup with McDonald’s’ Adoption of PayPass

Card transactions based on radio-frequency technology got a major boost today with the rollout of MasterCard International's PayPass system to some 715 McDonald's Corp. restaurants in New York, Dallas, and Orlando, Fla. The stores will go live with PayPass later this year, MasterCard says, and an undisclosed number of further …

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‘Bullish’ on RFID, Arthur Blank Projects 1 Million Cards in a Year

Arthur Blank & Co. Inc., a Boston-based maker of plastic payment and loyalty cards, is getting into the market for cards equipped with radio-frequency-identification technology, with ambitions particularly for cards supporting loyalty programs and payments in the quick-service retail market. “We as a company are very bullish [on RFID],” says …

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The First Parking Meters to Process Cards Online Go Live

The first U.S. parking meters equipped to process online authorizations for credit cards have gone live in Seattle. Moorestown, N.J.-based Parkeon Inc. has shipped the first 80 of its so-called pay-and-display parking terminals, which run wireless credit card transactions, for street parking in Seattle. Parkeon's contract calls for it to …

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