Smart Card Alliance Forms Contactless Payments Council
The Smart Card Alliance has announced the formation of a Contactless Payments Council to facilitate the adoption of contactless payments in the U.S. through education programs for consumers, merchants and issuers.
"Contactless payment is an exciting new consumer payments technology that provides convenience, speed and ease of use to consumers and faster transaction times and increased spending per transaction to issuers and merchants," said Randy Vanderhoof, executive director of the Smart Card Alliance."This new council will form one industry voice, including financial payments industry leaders and suppliers and reaching out to involve the merchant community as well. Our goal is to inform and educate the market about the value of contactless payment and work to address misconceptions about the capabilities and security of contactless technology."
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