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Payments: Fractured World Of Contactless Cards: Banks, card issuers and merchants must coordinate to create the infrastructure for contactless card adoption. The potential is enormous, but the path forward is murky.
- Article from:
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Bank Technology News
- Article date:
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June 1, 2008
- Author:
- Fest, Glen
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Copyright informationCOPYRIGHT 2008 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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To grow its Zip contactless payment platform, Discover Network has in place the chip orders, the merchant acquirer programs, terminal hardware deals and, of course, the user base.
Theres only one thing missing: the cards. Discover has issued none to date, and instead is testing the waters for prospective mobile phone payments technology on the Near Field Communications (NFC) open standard.
Meanwhile, Washington Mutual went headlong this March with plans to issue to its customers 12 to 15 million contactless debit cards that will work on the widespread MasterCard PayPass platform. With that many in circulation, Wamu can lay claim to being the largest U.S. issuer of ...
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No contact for Meijer.(contactless card payment systems)(Brief Article)
Convenience Store Decisions;
October 1, 2005 ;
81 words
......Grand Rapids, Ml) is the first supercenter chain to add a contactless card payment option at its gas pumps. The chain's 150 stores...fueling positions upgraded with a Gilbareo (www.gilbarco.com) contactless card system. The integrated system is currently the only product...
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Wawa rolls out Gilbarco contactless card readers.(Brief Article)
National Petroleum News;
December 1, 2005 ;
82 words
......based Wawa is adding Greensboro, N.C.-based Gilbarco's contactless card payment option to more than 1,900 fueling positions in...Pennsylvania, Delaware, Maryland and Virginia. Because Gilbarco's contactless card payment system is compliant with global standard ISO 14443...
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7-Eleven, Inc., Dallas, TX, will install contactless card readers at all...
The Food Institute Report;
May 23, 2005 ;
55 words
...7-ELEVEN, INC., Dallas, TX, will install contactless card readers at all of its 5,300 U.S. stores and accept...customers to make a purchase by simply holding their Visa Contactless card within one inch of a secure reader at checkout instead...
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USA Technologies Taps ViVOtech to Supply Contactless Card Readers for...
Wireless News;
January 2, 2008 ;
427 words
......Technologies Taps ViVOtech to Supply Contactless Card Readers for e-Port WIRELESS NEWS-January...Technologies Taps ViVOtech to Supply Contactless Card Readers for e-Port (C)2008 10Meters...and consumer friendly NFC-powered contactless card reader to activate its e-Port technology...
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Fargo Electronics Inc.: DESFire.(New Products)
Mass Transit;
November 1, 2005 ;
76 words
......speed, functionality and convenience of a contactless card with a high degree of security * Allows high-spe...Standard (3DES) RF encryption between the contactless card and the reader * Available with the full range...
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French Inventor Develops Contactless Card Manufacturing Method
US Fed News Service, Including US State News;
May 30, 2008 ;
202 words
......30 -- Pierre Bertrand of Cassis, France, has developed a contactless card manufacturing method. According to the U.S. Patent &...Office, the invention relates to a "method for producing a contactless card having a support for the functional elements of the card...
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Giesecke & Devrient offers Optimized Contactless Cards through Visa Smart...
PR Newswire;
November 15, 2005 ;
787 words
......Devrient (G&D) to provide the first contactless card to market with half size printed antenna...Cartes Exposition in France, their Contactless Card Suite of products. Visa Smart Breakthrough...world of smart cards. The G&D Contactless Card Product Suite delivers enhanced ...
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CVS: Speed is aim; Stores will accept contactless cards to cut transaction...
Crain's New York Business;
July 11, 2005 ;
butler, elisabeth;
300 words
......locations in New York. The technology lets customers tap a contactless card on top of the terminal rather than having to sign a receipt...PINs and signatures for purchases of less than $15. The contactless card system raises the purchase limit to $25. CAPTION(S): in...
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Encoding option on printers add security.(MARKETPLACE)
Security Distributing & Marketing;
October 1, 2005 ;
115 words
......platform, offers the speed, functionality and convenience of a contactless card while maintaining a high degree of security. DES-Fire allows...triple-Data Encryption Standard (3DES) RF encryption between the contactless card and the reader. Beginning with the HDP600 card printer...
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It's chips with everything: small change is counted out ; With...
The Independent on Sunday;
May 13, 2007 ;
Esther Shaw;
570 words
......now perhaps they are, with the imminent launch of the "contactless" card. These new debit and credit cards will go live in September...what will happen, though, if a customer has more than one contactless card. "If you tap or wave your wallet near the card reader...
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Atmel Targets Contactless Credit Card Markets With Introduction of...
PR Newswire;
November 15, 2005 ;
647 words
......ideally suited to the emerging USA Contactless Card Payment market based on the standard...alternatively as a Physical or Logical Access contactless card. Ian Duthie, Atmel's Smart Card IC...as a leading IC vendor in the USA Contactless Card Payment market, convinced us of the...
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Atmel Targets Contactless Credit Card Markets With Introduction of...
PR Newswire Europe;
November 15, 2005 ;
648 words
......ideally suited to the emerging USA Contactless Card Payment market based on the standard...alternatively as a Physical or Logical Access contactless card. Ian Duthie, Atmel's Smart Card IC...as a leading IC vendor in the USA Contactless Card Payment market, convinced us of the...
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Swipe and go - for anything under Pounds 10
The Independent - London;
October 27, 2007 ;
787 words
......behind Barclaycard's OnePulse contactless card, says that the vast majority of...moving. "You probably won't see contactless terminals in jewellery stores anytime soon...not get very far. "Inside each contactless card, there's effectively a clock that...be protected against fraud on ...
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PDA phone with card reader function
New Straits Times;
April 30, 2007 ;
Aimie Pardas;
506 words
......PDA) phone that is also a contact or contactless card reader. Designed by Fifth Media Sdn...France sees homecare patients given a contactless card. When nurses arrive at the homecare...card reader or both the contact and contactless card reader. As an option, companies can...
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BB&T kicks off contactless card pilot program.
PR Newswire;
January 29, 2007 ;
554 words
......clients to hold their card near a secure contactless card reader instead of handing it to a...merchants. We anticipate that the new contactless card will meet BB&T's goal of using...St. Paul, Minn. To learn more about contactless card features and find a list of participating...
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