Ingenico’s contactless payment module has received approval from MasterCard and Visa without restrictions. The module will be available later this year for use with the i6700 color touch screen terminal and the i6500 customer-activated payment terminal.
Ingenico recently announced that the Company has received approvals for its contactless payment expansion module from MasterCard PayPass and Visa MSD contactless payment. Unique to Ingenico, these approvals have been granted without restrictions. The design enables portability of the contactless payment expansion module to other Ingenico payment terminals and for use outside the United States for transaction acceptance requiring EMV.
Throughout the world, contactless payment is being implemented by many different types of merchants where transaction speed and fast customer service are essential. In the US, Ingenico is involved in many contactless payment deployments with leading retailers, having so far installed several thousands of retail terminals with the contactless payment expansion module.
“Visa and MasterCard’s approvals are a testament to our dedication to improve our client’s businesses by leveraging state of the art technology,” stated Jerôme Janin, Vice President of Marketing and Engineering for Ingenico Group. “Our payment module has successfully passed Visa and MasterCard’s tests and is now one of only a few devices on the market to be fully compliant with all three of the main contactless payment standards, as well as the emerging contactless EMV standard. The integrated contactless payment expansion module helps increase transaction convenience for the merchant and checkout speed for the cardholder, while ensuring maximum payment security for all.”
This expansion module will be available for use with the i6700 color touch screen terminal and the i6500 customer-activated payment terminal later this year.