McDonalds Cashless
McDonald's to use cashless RFID payment system
Globe and Mail Update
TORONTO, Aug. 18 � McDonald's restaurants has announced an agreement to accept MasterCard PayPass, a new "contactless" payment option utilizing radio frequency technology at select McDonald's restaurants in the United States. Participating McDonald's restaurants in Dallas and the New York metropolitan area will implement MasterCard PayPass later this year, with additional locations to be added in 2005.
MasterCard PayPass cardholders can make purchases without swiping their cards through a traditional card reader. PayPass cardholders tap or wave the card on or near a equipped terminal that utilizes a radio frequency (RF) chip to complete a payment transaction. McDonald's will have Verifone Omni 7000 card-readers installed to accept the new MasterCard PayPass card.
Globetechnology
Posted by Craig at August 31, 2004 03:43 PM