Near Field Communications Handsets and Tags, NFC Pilots and Projects

First Data, INSIDE Contactless launch PayPass mobile payment tag

Tuesday, June 29, 2010

First Data Corporation and INSIDE Contactless announced the introduction of a new MasterCard PayPass contactless payment tag.

Based on INSIDE’s MicroPass payment platform, the MasterCard PayPass mobile payment tag offers an economical solution for contactless mobile payment. Users simply attach the tag to their mobile phone to give it all the functionality of a traditional credit or debit card.


The new tag features a special shielding design to protect the interior chip and antenna from interference caused by the mobile handset, as well as a new adhesive backing that lets the tag adhere to mobile phones better while allowing the sticker to be removed and reapplied without losing its grip.

CPI Card Group has been approved by First Data to produce the new tag, and has already established a scalable operational process using core MicroPass technology. [end] 

CPI Card Group and INSIDE Contactless have introduced a next-generation tag that enables mobile devices to make MasterCard PayPass and Discover Zip contactless payments.

The stickers, which are manufactured by CPI and based on INSIDE’s MicroPass 4003 contactless payment processor, contain all the functionality of traditional MasterCard PayPass and Discover Zip credit, debit or prepaid debit cards.

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AT&T and Verizon will launch trials of their new contactless payment system - codenamed Mercury - at markets in Minneapolis, Atlanta, Salt Lake City and Austin, Texas according to fiercemobilecontent.com.

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Despite recent moves into mobile payment by giants such as Bank of America and Visa, US merchants may be hesitant to adopt the new technology, according to analysts at Reuters.

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Visa is teaming with Turkey’s Akbank and vendor DeviceFidelity to launch a new microSD-based contactless mobile payment system.

Akbank customers will be able to insert DeviceFidelity’s In2Pay microSD into their handsets’ memory card slots, turning them into contactless payments devices that can be used with Visa payWave terminals.

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MasterCard’s stock dropped 3.6% on the recent announcement Verizon and AT&T are partnering with Discover and Barclays to launch mobile contactless payment services, but the company says it has its own ventures in diversified payments.

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Liza Landsman has resigned as Citigroup’s U.S. head of online and mobile banking after only a year of directing its consumer internet and mobile division, according to finextra.com.

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