ADDING MULTIMEDIA Mastercard Shoppers Can Soon Tap & Go at Target
January 22 2019 - 11:20AM
Business Wire
Today, Mastercard announced its contactless cards soon will be
accepted at Target stores, giving shoppers the ability to simply
tap to pay. Cardholders using a contactless Mastercard—ones with a
contactless symbol on them—will tap their card on the
reader screen to pay and head on their way.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190122005635/en/
Mastercard Shoppers Can Soon Tap & Go
at Target with Contactless Cards. Photo credit - Mastercard/Tim
Parker Photography
“We’re excited that our cardholders can soon use this technology
for fuss-free transactions at Target stores,” said Linda
Kirkpatrick, executive vice president, U.S. Merchants and
Acceptance for Mastercard. “Whether it be navigating the subway or
conquering errands, contactless acceptance will take the consumer
experience to the next level one tap at a time.”
Peace of mind + Piece of time
Contactless technology was developed by Mastercard with the
mindset of never sacrificing security for convenience. The cards
and devices contain an embedded chip and a radio frequency (RFID)
antenna that provide a wireless link with the contactless reader.
When the card or device is tapped against the reader, information
is transmitted in a highly secure manner within a fraction of a
second.
Contactless momentum is growing in the U.S., where 95% of all
new checkout terminals are contactless-ready, delivering the best
combination of convenience and security at the point-of-sale. Large
and small banks have committed to issuing millions of cards with
the capability to tap to pay in 2019.
About Mastercard
Mastercard (NYSE:MA), www.mastercard.com, is a
technology company in the global payments industry. Our global
payments processing network connects consumers, financial
institutions, merchants, governments and businesses in more than
210 countries and territories. Mastercard products and
solutions make everyday commerce activities – such as shopping,
traveling, running a business and managing finances – easier, more
secure and more efficient for everyone. Follow us on
Twitter @MastercardNews, join the discussion on
the Beyond the Transaction
Blog and subscribe for the latest news on
the Engagement Bureau.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190122005635/en/
Mastercard CommunicationsSarah
ElySarah.Ely@Mastercard.com(914) 325-4716
MasterCard (NYSE:MA)
Historical Stock Chart
From Jun 2024 to Jul 2024
MasterCard (NYSE:MA)
Historical Stock Chart
From Jul 2023 to Jul 2024