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RFID Payment Cards Begin in Scotland

Friday, June 23, 2006

So far, eight retail outlets, including Starbucks, Tesco, a canteen and a hairdresser’s are participating in the pilot and have had their till systems fitted with RFID reader pads.

We’re talking about Scotland, where The Royal Bank of Scotland (RBS) has this week started testing RFID-equipped payment cards to reduce queues in shops, reports VNU NEWS.

The bank is working with MasterCard to test the contactless card payment system at its Edinburgh headquarters. A third of RBS’s 3,000 staff based at its Gogarburn campus have been issued with the cards, which allow them to pay for goods costing less than £10. [end] 

Oracle has released a new version of Oracle Retail Point-of-Service that aims to increase security, operational efficiency and functionality in part by integrating biometrics.

Oracle partnered with DigitalPersonal to add integrated biometrics to the POS package. Users of the software will login using their fingerprint, which will replace the need for PINs or passwords. This feature intends to reduce fraud by eliminating the possibility of unauthorized employees using a manager ID or swipe card to access the POS and approve overrides.

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Identive Group Inc. has announced a deal to acquire a majority stake in Hamburg, Germany-based payment solution AG, a cashless payment system provider for stadiums, arenas and other types of entertainment venues.

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Proclaiming its entrance into the RFID space, Honeywell introduced part of a new product portfolio designed to bring efficiency to the retail industry, the Optimus 5900 RFID mobile computer.

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The UK’s YESpay International and YES-wallet.com have teamed up to build an NFC-enabled cloud-based mobile payments platform.

By integrating the YES-wallet Pouch digital wallet with YESpay EMBOSS payment service, the companies will provide a platform that encompasses e-Money, pre-paid and gift-card payments based on Visa PayWave and MasterCard PayPass contactless standards.

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Mobile payment solution provider I Love Velvet announced that it has reached the second level of EMV certification (EMV2) which authorizes PIN and integrated chip payments from debit, credit and smart cards around the world.

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In Europe, the Association for Retail Technology Standards (ARTS) and EPASOrg has developed a new global standard to help accommodate changes in new payment technologies, according to SupermarketNews.com

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