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MasterCard PayPass Contactless Payments Training PowerPoint Presentation
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MasterCard PayPass Contactless Payments Training

MasterCard PayPass Contactless Payments Training

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MasterCard PayPass Contactless Payments Training

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  1. June 6, 2014 MasterCard PayPass Contactless Payments Training

  2. Introducing MasterCard® PayPass™ A contactless payment feature that provides consumers with a fast and convenient way to pay Can be used for all types of payments but are particularly convenient for small-ticket items or in locations where a quick transaction is important For example: Supermarkets, convenience stores, fast food restaurants, gas stations, stadiums, etc. June 6, 2014 MasterCard PayPass Contactless Payments Training 2

  3. A New Contactless Payment System Works just like a regular credit card transaction except: Card/device is tapped on the reader Card stays in customer’s hand Reader lights up and beeps Authorized just like magnetic stripe transactions June 6, 2014 MasterCard PayPass Contactless Payments Training 3

  4. How MasterCard PayPass Works Ring up the transaction as you would any other credit card transaction, i.e., press credit Customer taps the card/device on the reader Reader will light up and beep Transaction will process Once authorized, the transaction is complete No signature required for MasterCard transactions under your floor limit or your specific guidelines June 6, 2014 MasterCard PayPass Contactless Payments Training 4

  5. Any card or device with contactless technology will work on the PayPass reader Check the front or back of the card for the PayPass, payWave, or American Express marks All Contactless Cards/Devices Can Be Used Chase Blink MasterCard PayPass Visa payWave American Express MasterCard PayPass Contactless Payments Training June 6, 2014 5

  6. Contactless Cards and Devices Contactless payment cards/devices come in all shapes and sizes Credit card Key fob Mobile phones Wristbands/wristwatches It all works the same, just a different form factor June 6, 2014 MasterCard PayPass Contactless Payments Training 6

  7. Signature Requirements for PayPass Tapped transactions under your floor limit or your specific guidelines do not require a signature or receipt for MasterCard transactions Tapped transactions over your floor limit or your specific guidelines will require a signature Printing of customer receipts for any amount depends on your POS system June 6, 2014 MasterCard PayPass Contactless Payments Training 7