11 December 2017
visit www.avoka.com

MasterCard contactless technology rolled out to vending machines

27 June 2006  |  11799 views  |  0 Mastercard - PayPass

MasterCard says its PayPass contactless payments system will be accepted at Coca-Cola vending machines in Philadelphia following successful trials of the technology in New York and Atlanta.

Customers can use their PayPass cards and devices to make purchases at vending machines equipped with USA Technologies' e-port RFID transaction technology, which was developed specifically to accept contactless payments.

The roll out in Philadelphia follows the successful trials of the e-Port system in vending machines in New York City and Atlanta.

To use the technology, consumers simply tap their MasterCard PayPass card or device on the vending machine's e-Port payment terminal. Within seconds, the terminal will flash a light and produce a tone signalling the transaction is complete.

TJ Sharkey, vice president, business development, US acceptance, MasterCard, says: "The more than $40 billion US vending industry opens up an entirely new market for payment companies, as we offer consumers a fast and convenient payment method."

Sharkey says PayPass will provide operators with new efficiencies and increased transaction revenues as well as provide consumers with improved service.

MasterCard says the deployment is considered to be the largest rollout of contactless technology in vending machines in the US market to date.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Chinatrust releases PayPass-enabled wrist watch

Chinatrust releases PayPass-enabled wrist watch

07 June 2006  |  10602 views  |  0 comments
Giesecke & Devrient launches PayPass mini-cards and devices

Giesecke & Devrient launches PayPass mini-cards and devices

17 May 2006  |  6252 views  |  0 comments
CBA trials MasterCard contactless payments technology

CBA trials MasterCard contactless payments technology

05 April 2006  |  10240 views  |  0 comments
JCB agrees to MasterCard contactless payments protocol

JCB agrees to MasterCard contactless payments protocol

14 March 2006  |  7455 views  |  0 comments
Royal Bank of Scotland targets cash with contactless card technology

Royal Bank of Scotland targets cash with contactless card technology

08 February 2006  |  14194 views  |  0 comments
HSBC begins MasterCard PayPass roll out in US

HSBC begins MasterCard PayPass roll out in US

14 September 2005  |  10165 views  |  0 comments
Citibank to roll out MasterCard PayPass contactless keyring

Citibank to roll out MasterCard PayPass contactless keyring

25 August 2005  |  14752 views  |  0 comments
MasterCard contactless payments to feature at US cinemas

MasterCard contactless payments to feature at US cinemas

26 April 2005  |  9320 views  |  0 comments
Contact sports fans go contactless with MasterCard PayPass

Contact sports fans go contactless with MasterCard PayPass

22 February 2005  |  7199 views  |  0 comments
McDonald's to accept contactless Paypass cards

McDonald's to accept contactless Paypass cards

18 August 2004  |  8237 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.aciworldwide.comvisit www.atos.net

Who is commenting?

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18511 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11412 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
7849 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6651 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6077 views comments | 19 tweets | 10 linkedin

Featured job

Competitive package
New York City, NY - USA

Find your next job