Thursday , March 28, 2024

Search Results for: "contactless cards"

San Diego Nears End of Conversion to Contactless Monthly Transit Cards

A year-long conversion of the old fare-collection systems used by monthly-ticket customers of multiple transit agencies in San Diego County, Calif., to a unified system based on contactless cards is nearing completion, a local official tells Digital Transactions News. The new system, from San Diego-based Cubic Transportation Systems Inc., will …

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Best Buy Cuts off Visa Contactless with Little Risk to Sales

The struggling U.S. contactless card market took another blow late last year when leading consumer-electronics retailer Best Buy Co. Inc. stopped accepting the Visa payWave contactless card, reportedly because it objected to paying Visa Inc.'s signature-debit interchange rates. Best Buy's action probably cost the retailer nothing in lost sales but …

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Discover Continues Its Zip Trial But Stays Mum About Any Rollout

A Discover Financial Services employee test of contactless payment stickers for mobile devices that started in April 2009 will continue, according to a Discover executive. But Discover is being coy about if and when it or its card-issuing partners will roll out Discover's Zip contactless brand on a wide scale. …

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A Proxy Fight Breaks Out at USA Technologies

USA Technologies Inc., the provider of contactless card readers and wireless transaction-processing services for vending machines, laundries and other venues, has become the latest payments-industry tech company whose management finds itself embroiled in a fight with shareholders angry about losses and slumping stock prices. Malvern, Pa.-based USA Technologies sent a …

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Let 1,000 Flowers Bloom: Inside’s Strategy for NFC Workarounds

Impatience in the electronic-payments business with the snarled progress of near-field communication for mobile payments is prompting a number of technology providers to develop products that can facilitate transactions without relying on full-fledged NFC. Now Inside Contactless, a major supplier of chips for contactless cards, has entered this arena with …

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Ingenico Pitches a PDA for Computing And Card Acceptance

While a raft of players over the past several months have introduced software that equips smart phones to accept cards, Ingenico has introduced a wireless point-of-sale device that combines in one unit the ability to take card payments, print receipts, and act as a personal digital assistant (PDA). The French …

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Home Depot Opens the Door to Big-Box Contactless Payments

MasterCard Inc.'s announcement on Monday that The Home Depot Inc. would accept the MasterCard PayPass contactless card at 1,974 U.S. locations, along with last week's news that sporting-goods chain The Sports Authority also would take PayPass, indicate that the card network is looking beyond the original base of cash-oriented merchants …

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Interac Connects With Contactless Debit Payments

Canada's Interac Association debit network is teaming with France-based semiconductor manufacturer Inside Contactless in a partnership that will include a test next year that will pair PIN-based debit cards with contactless payments. But to keep transactions moving quickly, cardholders will not need to enter a PIN. The test will be …

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Yankee Group: NFC Transactions Will Soar into the Millions Next Year

Despite tests and innumerable press releases, the number of payment transactions from cell phones barely registers. But payments from mobile devices are about to take off thanks to a convergence of factors on the demand and supply side, according to a new report from Yankee Group Research Inc. The “Dialing …

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Beyond Stickers: Contactless ‘Skins’ for Payments with Handsets

The trend toward using adhesive tags to give mobile phones contactless-payment capability is going one step farther?now at least one startup is marketing a small sheet of vinyl that wraps around the entire mobile device and contains a contactless chip-and-antenna inlay. Mobile Payment Skins LLC launched last week to offer …

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