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Article: MasterCard Pushes Contactless in U.K.(Technology)(Brief article)
- Article from:
- American Banker
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 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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Byline: CardLine
MasterCard Inc. is encouraging large merchants, including fast-food chains and pharmacies, to accept contactless cards in the United Kingdom.
"We are focusing on bringing in Tier 1 merchants," said Catherine Murchie, MasterCard's head of PayPass product management for Europe.
Those merchants includeMcDonald's Corp., the bookseller Borders Group and The Boots Co., a pharmacy chain that in May said it would test contactless payments in 15 stores in London and six in Liverpool. (PayPass is the brand name for MasterCard's contactless cards; 61 million PayPass cards have been issued worldwide.)
Most of the contactless ...