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Saturday, August 4, 2012

postheadericon Post Office to introduce contactless payment

roll begins June 6 in 11,500 branches, making the post office the largest user of contactless technology in Europe

people who buy goods and services through any branch of Posts will soon be able to use the contactless credit and debit cards and payment-enabled mobile phones.

Post will begin to deploy contactless payment terminals through its network of 11,500 branches of June 6, in a move that will make the biggest user of acceptance of contactless technology in Europe. The initial release will be completed in late October.

"contactless bring significant benefits to our customers by increasing choice and reducing transaction time," said Lesley Sewell, director of information at the Post Office Ltd

contactless technology allows customers to pay for goods by waving their card in a specially designed handset sales without the need for a pin.

Once installed, MasterCard PayPass or Visa payWave cardholders will be able to use the drives, and the limited number of people with Near Field Communication (NFC) for mobile phones. Payments using the technology will be limited to a maximum of 20 pounds.

HSBC recently became the latest bank to begin arming its customers with contactless cards. In May, began the gradual deployment of these cards to customers that their current cards expire.


announcement of the post office is on the same day that the Internet giant PayPal payments announced it has partnered with a chain of clothing stores, Oasis, Coast and Karen Millen to allow customers to pay in the store with their cell phones


after Thursday, four clothing stores for women belonging to groups Aurora Fashions will be equipped with scanners that can read a unique bar code generated by the mobile phone application in the Paypal shop.


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