Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Thanks to contactless payments, pets don't have to wait either

Friday, September 14, 2007

PETCO StorePETCO’s nearly 900 stores located in 49 states and the District of Columbia will begin accepting MasterCard PayPass. PETCO is an ideal location for this quick and easy contactless payment option, helping customers and their four-legged friends speed through the checkout process.


Pets and Their Owners No Longer Have to Heel in Long Lines as PETCO Now Accepts MasterCard® PayPass™

Leading Pet Supply Retailer Joins Expanding List of Merchants Accepting Contactless Payment Technology to Offer Consumers Speed and Convenience

PURCHASE, N.Y.–MasterCard Worldwide and PETCO Animal Supplies, Inc., announced today that MasterCard PayPass, an innovative contactless payment option, will now be accepted at all of PETCO’s nearly 900 stores located in 49 states and the District of Columbia. PETCO, a leading specialty retailer of premium pet food, supplies and services, is an ideal location for this quick and easy contactless payment option, helping customers and their four-legged friends speed through the checkout process.

“We understand the time and attention that a pet can demand, so we try to make life a little easier for our customers,” said J Smith, PETCO’s Vice President, Network & Store Systems. “For years, we have allowed customers to bring their pets to the store, and now PETCO is accepting MasterCard PayPass so that consumers spend less time in line, and more time doing the things they enjoy.”

With MasterCard PayPass, consumers no longer need to juggle their dog’s leash or cat’s carrying case while reaching for their wallet to fumble for cash. Customers simply tap their PayPass-enabled card or device on the PayPass reader and are on their way. Purchases under $25 will not require the customer to sign the receipt, further speeding up the transaction. In addition, PETCO will continue to accept traditional magnetic-stripe payment cards.

“By accepting MasterCard PayPass, PETCO demonstrates that it is a leader when it comes to exceptional customer service,” said T.J. Sharkey, Senior Vice President, US Merchant Sales, MasterCard Worldwide. “PETCO’s commitment to making the shopping experience as quick and convenient as possible will be appreciated not only by their customers, but also by the pets that they welcome in their stores.”

About MasterCard PayPass

MasterCard PayPass is ideal for traditional cash-heavy environments where speed is essential, and has led the way in bringing contactless technology to consumer categories such as quick serve restaurants, drug stores, gas stations, vending machines, convenience stores, sports arenas, movie theaters, transit systems and parking garages. As of 2Q 2007, there are more than 16 million PayPass cards and devices issued globally, and PayPass is currently accepted globally at more than 55,000 merchant locations, including participating 7-Eleven, CVS, McDonald’s, Regal Entertainment Group theaters and many others. PayPass is also accepted at numerous professional football and baseball stadiums. For more information about MasterCard PayPass and a full list of participating merchants, visit www.mastercard.com/paypass.

About MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link between financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes close to 16 billion payments each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard Worldwide serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercardworldwide.com.

About PETCO

PETCO is a privately held specialty retailer that provides products, services and advice that make it easier for our customers to be great pet parents. The company operates nearly 900 stores in 49 states and the District of Columbia, as well as a leading pet products and information destination at www.petco.com. Its nonprofit organization, The PETCO Foundation, has raised more than $36 million since its inception in 1999 to help promote and improve the welfare of companion animals. In conjunction with the foundation, we work with and support more than 4,200 local animal welfare groups across the country to help find homes for more than 200,000 adoptable animals every year. [end] 

Superdrug, one of Britain’s largest beauty and health retailers, has introduced contactless payment for its in-store customers, according to Retail Gazette.

Created by Streamline and Visa Europe, the contactless system will enable customers to make payments of up to £15 (approx. USD $23) by simply waving their contactless bank card at the more than 50 participating Superdrug stores in London and Liverpool.

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Ed McLaughlin, MasterCard’s head of Emerging Payments, has some good news for those waiting on NFC-enabled phones for contactless payments.

In an interview with Fast Company, McLaughlin said that he didn’t know of a handset maker who wasn’t working on integrating support for PayPass contactless payments.

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Datacard Group, a provider of secure ID and card personalization solutions, has announced an equity investment and strategic partnership with DeviceFidelity, makers of the In2Pay mobile payments solution.

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The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.”

According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem.

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A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

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A recent survey conducted by Wincor Nixdorf shows that a strong majority of French consumers are interested in using fingerprint scanning technology to secure transactions.

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