Web Design Directory

  w   w   w   .   d   e   s   i   g   n   d   i   r   .   n   e   t
An industry leading web design, hosting and development directory. We bring together the best web designers and their customers. Find the lates website business news and updates.
Search DesingnDIR
Advertising | Submit Site »
   » Home Page / Industry News  
  Find Services Provider       Technology Stories        WebSite Services   
Visa Debuts RFID-Enabled Card Payment System

2005-02-24 15:30:00

Visa USA on Thursday kicked off a system utilizing radio-frequency identification (RFID) technology to enable consumers to make purchases by waving cards with embedded chips in front of terminals. The system, under development for two years, is designed for "small-ticket" purchases at fast-food restaurants, movie theaters, and convenience stores.

The cards work at distances of 4 inches or less. Visa is guaranteeing merchants against "chargebacks," the risk of a payment being accidentally charged to the wrong credit or debit card, for purchases up to $25.

Visa has enhanced its VisaNet system to track contactless payment transactions through the authorization, clearing, and settlement processes, says Patrick Gauthier, Visa's senior VP of new product development. Card-issuing banks need to be able to recognize transactions as contactless when responding to customer queries. He declines to say whether any retailers have yet agreed to use the card.

MasterCard International has been testing a contactless card, called PayPass, at McDonald's restaurants in the United States. Sheetz Inc., a convenience-store chain, plans to deploy PayPass at all of its outlets beginning March 1. American Express' ExpressPay is being rolled out at CVS pharmacies.

Unlike MasterCard and American Express, Visa has chosen not to give its contactless card a name. Instead, a special logo will appear above the standard Visa logo identifying the cards as contactless-ready.

Thunderbird, Mozilla Updates Next In Line

IPTV To Drive Online Entertainment Boom

Download-Ready Digital Radios Within Earshot

Costa Rica May Criminalize VoIP

AIM Syncs With Outlook

Mozilla, Firefox Open To Attack

Mobile Text Message Spam Doubles

Firefox Nips IE Ankles Again
Mozilla's Firefox keeps chipping away at Microsoft's massive lead in browser usage, two Web metrics firms reported Monday.
DoCoMo Reaches 10 million 3G Users
Japan's NTT DoCoMo says it has passed the 10 million user milestone for its 3G service making it, arguably, the most successful 3G service in the world.
Survey Finds RFID-Expertise Shortage Among IT Vendors



   
» Web Hosting Interviews
Web Hosting interviews, news and reviews. Compare the Best web hosting providers.
» Daw - Web Hosting Blog
Views and Comments about Hosting Industry. News, Trends, Products and Sevices.
» Your WebSite Here
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371


» Submit your site to Web Design Directory

About Us | Advertising | Privacy | Terms Of Use | Contact Us

© DesignDIR.net 2003 - 2017, part of of Business Address Network. All Rights Reserved!