Consumer Payment Card News

Wristband Payments

This weekend a contactless payment wristband will be given to the first 5,000 fans entering Giants Stadium on September 10th. The MasterCard “PayPass” wristbands will be pre-loaded with $25 to spend at concession stands. The wristbands will feature the Giants’ team colors. MasterCard says it wants to test new contactless form factors specific to venues and special events. MasterCard also announced that the Arizona Cardinals Football Club is rolling out the “PayPass” contactless payment system at the new Cardinals Stadium. There are currently approximately 10 million PayPass cards and devices in the market and nearly 32,000 merchant locations around the world accept “PayPass.” For more information visit: “www.mastercard.com/paypass”:http://www.mastercard.com/paypass.

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