Hess goes contactless with MasterCard PayPass
06 October, 2009
category: Contactless, Financial
New York-based gasoline and convenience store operator Hess early next year will begin to accept MasterCard PayPass contactless cards at its more than 870 retail outlets along the eastern United States. The company will also continue to accept traditional magnetic-stripe payment cards.
The use of contactless payment cards continues to grow, MasterCard reports. As of the second quarter of 2009, MasterCard says it has issued nearly 61 million MasterCard PayPass cards or devices, which can be used at more than 153,000 merchant locations globally.
According to MasterCard research, about 94% of PayPass-using respondents to a 2008 PayPass Benchmark Study were satisfied with their experience, and 77% of consumers that have a PayPass-enabled card use it as their primary form of payment.