dcsimg
Comparing credit card offers since 2005 - it's fast and easy! Search, Compare and Apply for the best credit card deals now


Advanta Rolls Out First Contactless Credit Cards

by Peter Andrew

Advanta

Rolls Out First Contactless Credit Cards

Advanta

Corp. is rolling out its first contactless PayPass-enabled Advanta

MasterCard Small Business card in September. It is not only

Advanta's first contactless card, but also the first small business

credit card to be equipped with PayPass payment technology.

PayPass contactless technology allows customers to tap their Advanta business credit card on a specially-equipped terminal that utilizes a radio frequency chip to complete their transaction at participating retailers and restaurants.

"When MasterCard developed this technology, its benefits were most easily associated with simplifying transactions for the everyday consumer. But it has become very clear that the small business owner can benefit from PayPass just as easily," said Ann Camarillo, executive vice president, MasterCard Worldwide. "Now, small business owners will spend less time standing in line and more time on what it takes to successfully run their business."

In the interest

of encouraging small business owners to use the contactless

technology, Advanta is working with MasterCard to identify merchants

that small business owners do business with in order to grow

acceptance of contactless payment cards.

 

Published 08/16/06 (Modified 05/07/12)


Share this article with:

0 Responses to "Advanta Rolls Out First Contactless Credit Cards"

No Comments

Leave a Comment