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    7-Eleven to Accept MasterCard and Amex Contactless Cards

    DALLAS, Tex. -- 7-Eleven, Inc. said today it will accept MasterCard PayPass, and currently has American Express' ExpressPay-enabled readers in 170 stores in a test market, with plans a full roll out to its more than 5,300 U.S. stores by early 2006. Both are new contactless payment options using radio frequency identification (RFID) technology.

    DALLAS, Tex. -- 7-Eleven, Inc. said today it will accept MasterCard PayPass, and currently has American Express' ExpressPay-enabled readers in 170 stores in a test market, with plans a full roll out to its more than 5,300 U.S. stores by early 2006. Both are new contactless payment options using radio frequency identification (RFID) technology.

    "As the world's largest convenience retailer, it's a natural decision for 7-Eleven to provide consumers with an even more convenient way to pay," said Rick Updyke, v.p. of business development for 7-Eleven. "PayPass enhances our customers' shopping experience by offering speed and convenience when paying at 7-Eleven."

    To complete a payment transaction, cardholders simply tap their PayPass-enabled MasterCard card or ExpressPay American Express card inside the store at the specially-equipped terminals using RFID technology.

    "We're continually looking for new ways to deliver more speed and service for our customers," said Updyke. "ExpressPay will allow us to provide a faster, more convenient and secure payment experience."

    In other news, American Express said it has begun issuing Blue from American Express with the ExpressPay feature in all 50 states and the feature will be embedded in all new Blue from American Express consumer and small business credit cards moving forward.

    The ExpressPay feature will be available on Blue, Blue Cash, Blue for Students, Blue for Business credit cards and Blue Cash for Business from American Express.
    -- from CSNews.com, a VNU Website

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