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    Hess to Offer Contactless Payment

    More than 870 company-operated locations to accept MasterCard PayPass.

    PURCHASE, N.Y. -- Convenience store retailer Hess Corp. will accept MasterCard PayPass at more than 870 company-operated Hess and Hess Express locations in the eastern United States by early 2010, according to MasterCard Worldwide, based here.

    "Our customers are always looking for greater speed, security and convenience at Hess locations, and increasingly they prefer electronic forms of payment over cash," said Rick Lawlor, Hess vice president, retail sales and marketing. "Accepting MasterCard PayPass means we can meet our customers' needs and continue to enhance the customer experience, which is the Hess Way."

    With MasterCard PayPass, Hess customers simply tap their PayPass-enabled MasterCard card or device on a PayPass-accepting reader at the checkout.

    Cardholders benefit from additional security because the card never leaves the customer's hand. MasterCard PayPass also does not require customers to sign receipts for purchases less than $25, further speeding up the transaction. This amount will increase to $50 as of Oct.16.

    The use of contactless payment cards continues to see exponential growth, according to MasterCard. As of second quarter 2009, MasterCard issued nearly 61 million MasterCard PayPass cards or devices, which can be used at more than 153,000 merchant locations globally.

    "Hess-branded locations are the perfect environment for MasterCard PayPass because the value of faster transactions at the point-of-sale translates directly to busy customers who don't want to spend time waiting in line," said Cathleen Conforti, senior vice president, Global PayPass, MasterCard Worldwide. "As more customers turn to electronic payments over cash, by accepting MasterCard PayPass, Hess is taking another step to meet customer needs and deliver great customer service and throughput at the register."

    According to MasterCard research, about 94 percent of PayPass-using respondents to a 2008 MasterCard study were satisfied with their experience, and 77 percent of consumers that have a PayPass-enabled card use it as their primary form of payment.

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