RegardingID Archive | Contactless payments speeds up coffee drinkers

Wednesday, July 23, 2008

Patrons to London-based Coffee Republic shops can now use their Barclaycard Business’s OneTouch card to make purchases. So far, one in five credit card transactions are contactless. The move follows a four month trial at several shops between January and April.

According to the chain, the highest volume of contactless transactions took place in March when 118 consumers opted to pay for items, about 20% of the total number of credit card transactions that month. The OneTouch system enables customers to pay for goods of £10 or less by touching their Barclaycard to a reader–avoiding the need to enter a PIN or sign for the transaction.

United Arab Emirates-based telecom Etisalat is partnering with MasterCard and Network International to launch nationwide NFC payments.

Scheduled to launch this fall, the service will enable Etisalat customers with Blackberry 9900 smart phones to make contactless purchases at more than 600 retail locations in the UAE that already accept MasterCard PayPass contactless payments. Customers using the mobile application can tap and pay for items up to $50, but must enter a PIN to verify the transaction.

Survey: Germans coming around to NFC, contactless payments

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.

ARTS and EPASOrg develop protocol to support new payment technologies

In Europe, the Association for Retail Technology Standards (ARTS) and EPASOrg has developed a new global standard to help accommodate changes in new payment technologies, according to SupermarketNews.com

Superdrug launches contactless payment at more than 50 stores

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.

EPC publishes new edition of m-payments white paper

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.

Proxama, ARM partners for m-payments

Proxama has announced a partnership with semiconductor supplier ARM Holdings to create secure payment mechanisms for mobile handsets.

The UK-based partners say they will combine ARM’s TrustZone technology with Proxama’s Mobile Wallet to develop a “highly secure” environment for NFC-enabled mobile contactless payments and mobile internet payments.

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Contactless payments speeds up coffee drinkers