A white paper from the Smart Card Alliance which looks in detail at contactless payment applications, technology options and transaction model alternatives.
Described as a global information sourcebook on contactless payments, the paper covers all of the primary radio frequency-based payment technologies in use, as well as early stage alternatives like infrared, Bluetooth and mobile phones.
It provides a comprehensive look at several existing contactless programmes around the world, presenting details on the numbers of cards issued, the technology used, the transaction model and any additional applications involved.
Other topics are:
- The benefits and costs of contactless payment for retailers and issuers
- The case for using contactless technology for payment
- Business-case and technology considerations
- Contactless payment technology options, including both RF and other technology alternatives
- Contactless payment transaction models
Alliance members from 22 organisations, both public and private, were involved in the development of the white paper. Lead contributors included representatives from ASSA ABLOY Identification Technology Group, Atmel, Cubic Transportation Systems, First Data Corp., JCB International Credit Card Co., MasterCard International, NTRU Cryptosystems, Inc., Philips Semiconductors, Potomac Systems and Technology, Proton World, SchlumbergerSema, Smart Commerce Inc., Washington Metropolitan Area Transit Authority (WMATA), Visa International and Visa USA.
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