Tag: MasterCard PayPass

Could we soon be living in a world where nobody carries cash? Visa boss Vilpin Kair explains the latest in contactless and online payment technology and how it affects businesses.

The Commonwealth Bank is capitalising on Australians’ predilection for smartphones and social media, unveiling a new service that allows customers to make mobile payments through Facebook and their mobile phone address books.

MasterCard registered over one million ‘Tap & Go’ contactless transactions in August, a sign that local consumers are responding to the new payment technology.