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Article: Contactless payment
- Article from:
- New Straits Times
- Article date:
- February 16, 2006
- Author:
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Prasanna Raman
New Straits Times
02-16-2006
Contactless payment
Byline: Prasanna Raman
Edition: Computimes; 2*
Section: Update
FANCY using your credit card to pay for your burger or fried chicken meals? Although cash is the preferred method of payment in fast-food outlets in the country, the convenience of paying via credit cards for smaller bills is finally here with the OneSmart MasterCard's PayPass EMV solution.
PayPass is a "tap-and-go" new generation of credit card that enables Malaysians to pay for purchases below RM110.
Users can transmit and complete transactions by simply tapping their PayPass cards on a specially-equipped terminal.
Touted as the industry's first internationally ...