US e-commerce and payment processing company
First Data has teamed up with NFC technology and contactless
solutions provider, Inside Contactless, to launch a MasterCard
PayPass mobile contactless tag.
The PayPass tag has been designed to protect
the chip and antenna inside the handset from interference which is
predicted to result in enhanced transaction performance
The contactless payment sticker is based on
Inside’s MicroPass payment platform and contains the
functionalities of a credit or debit card.
According to First Data, as the tags are pre
cut within and break away from a standard credit card form factor,
they can be personalised and fulfilled using existing card
manufacturing equipment in scalable volume.