Paper contactless payment ticket for transit being developed by MasterCard

Filed in archive Companies on April 4, 2007

MasterCard got you the PayPass and now the company is working to develop a paper contactless payment ticket for transit use and a host of other applications. It is expected to emerge as an alternative to PayPass credit card. The existing RFID transponder of MasterCard PayPass will be embedded in these tickets. ASK which a French contactless card and ticket provider is providing the paper tickets for the test.

Plastic PayPass cards already adorn over 46,000 PoS merchant terminals. Aimed at travel purposes these tickets could be put to a wide variety of other uses too. PVC-coated paper outlay, a 13.56 MHz rfid chip based on the ISO 14443 air-interface standard and silver ink antenna has been used for creating these disposable tickets.

This is expected to emerge as a low cost alternative to PayPass and targeted at people without credit cards. These tickets would be available at news stands and vending machine and work in a similar fashion as PayPass. This adds an additional form factor but it's still not sure as to when the paper tickets would make debut.