MasterCard rolls out new EMV, PayPass cards in Japan
15 July, 2009
category: Contactless, Financial
MasterCard Worldwide in collaboration with Toshiba Corp. and Dai Nippon Printing, announced the launch of a dual-interface card equipped for contactless MasterCard PayPass and contact EMV payment applications in Japan.
The card offers MasterCard’s M/Chip 2.1 EMV technology for contact applications, such as ATMs, and PayPass M/Chip Flex technology based on the global ISO/IEC14443 Type A standard for contactless applications, such as small, cashless payments. Companies in Japan that are issuing EMV cards now can offer customers MasterCard PayPass.