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

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.

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MasterCard’s PayPass contactless payment feature may soon be presented to the Azerbaijan market of cashless payments.

According to a recent MasterCard study, 75% of the local residents said they would like to use contactless payment cards in supermarkets and 60% to pay public transport fare. When asked which devices, in addition to a plastic card, it would be convenient to make payments, 86% of respondents said they would like to use their mobile phone.

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The Co-operative Food has started trialing contactless payments in its small shops and convenience stores in an effort to generate a better means for customers to pay for goods, according to Retail Week.

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Isis, the mobile commerce joint venture created by AT&T, T-Mobile and Verizon, has revealed the first of its local merchant partners across Austin and Salt Lake City.

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On Track Innovations (OTI) has received an order for 30,000 of its NFC and contactless payment readers for deployment in the U.S.

OTI did not reveal who will receive the readers, but assured that the devices would be used to support the migration towards contactless payments and NFC in the U.S.

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Samsung and Visa are providing their sponsored athletes and trialists at the London 2012 Olympic Games with special edition Samsung Galaxy S III handsets equipped with Visa’s payWave NFC payments application.

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Albron, an independent caterer in the Netherlands, will offer biometric- and contactless-based payments in its restaurants thanks to a newly signed agreement with pan-European payment processor Equens.

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