MasterCard Launches OneSMART PayPass

Friday 5 November 2004 11:01 CET | News

MasterCard International has launched OneSMART PayPass, that combine a contact chip and a contactless interface to provide a robust and feature-rich product.

OneSMART PayPass is centered around MasterCard M/Chip 4, a highly flexible EMV-based smart card application for credit and debit cards. Partnering with world leading card and terminal manufacturers, such as Ingenico, Oberthur and Sagem Monétel, MasterCard will be able to help its customers take advantage of the benefits offered by OneSMART PayPass. With the first cards and terminals now ready for testing, banks and merchants can trial OneSMART PayPass as an alternative to cash payments.

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Categories: Payments & Commerce | Cards
Countries: World
This article is part of category

Payments & Commerce