Ingenico terminal receives MasterCard PayPass certification

ICT250 terminals

Payment solutions provider, Ingenico, has received certification for the MasterCard PayPass 3.0 terminal specification for its countertop ICT250 terminal (view press release). The deal means that Ingenico has the first PayPass 3.0 terminals approved and available for acquirers and retailers to deploy around the world.

MasterCard PayPass 3.0 is the latest terminal specification from MasterCard which supports contactless card acceptance and other PayPass enabled devices such as mobile phones, stickers and wristwatches. Customers will be able to authenticate the transaction by entering their PIN on the mobile phone handset, and then tapping their handset on the terminal. 

The Ingenico terminal also supports PayPass 3.0 data storage which can be leveraged for value added services such as in transit, event ticketing, university campus access, and for reward and loyalty programs.

PayPass momentum continues to grow and there are now nearly 500,000 acceptance locations in 41 countries globally,” said Max Chion, group executive of product platforms, MasterCard Worldwide. “The new PayPass terminal is backward compatible and supports PIN based payments with PayPass enabled mobile phones. We are hoping that the arrival of PayPass 3.0 will further encourage merchants around the world to accept card and mobile PayPass MasterCard payments”.

 

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