Introducing Mobile Contactless Payments in the United States Using your cell phone as a primary method to make mobile contactless payments may finally become a reality in the U.S. AT&T and Verizon are indeed encroaching into the electronic payment space, possibly creating a real threat to Visa and MasterCard. According to Bloomberg, the two wireless […]
Contactless
The Evolution of Contactless Payment Technology
We have seen the contactless payment technology and their functionality pop up in many stores over the last few years. You have probably seen the popular commercial where people are walking in an efficient circle, taping their card onto a contactless device, until one guy pulls out cash and the whole line comes to a […]
Technology Trends and Card Processing
In 1730, the first advertisement for credit was placed allowing furniture to be purchased over time. Almost 200 years later, Western Union issued a metal plate to their employees instead of a paycheck. Of course this card was only good in company owned stores. It was not until the 1950s that Bank of America issued the first […]