MasterCard, RATP Testing PayPass Contactless in Paris

More speed, more efficiency PayPass contactless technology was developed to enable card payments for all types of purchases, even for small amounts. It comes in addition to the functions of an international bank card in order to meet the needs of those points of sale which require a quick payment (restaurants, service stations, retail distribution, transportation, etc.). RATP and MasterCard in association with La Banque Postale aim at presenting the Public Transport organizing authorities with a solution enabling French and foreign travellers to have a direct access to the subway, the bus or the tramway thanks to their bank card. Simply tapping the card on contactless validators will be enough to pay and validate their journey in less than one second. As stressed by Emmanuel Petit, Chairman and CEO of MasterCard France: “By cooperating with RATP, MasterCard takes another step toward the implementation of contactless payment in France and throughout the world, where, as of 2Q 2008, there are nearly 37 million PayPass cards and devices already in circulation. This will allow public transport operators to benefit from our expertise gained through the implementation of similar projects, particularly in Taiwan and New York, which have demonstrated how the speed, convenience and security of contactless payments can improve the commuter experience. It also testifies to our commitment to help banks develop innovative payment solutions addressing their clients’ needs. Nowadays, all banks have an important role to play in the widespread use of contactless payments.” “Through this innovative work”, says Philippe Vappereau, Head of User Services at the RATP, “we aim at bringing a practical answer to the needs of travellers. This effort reinforces an already close collaboration with our partners: MasterCard with whom we have been working in the area of payment solutions and La Banque Postale, “In addition to its tight association to the feasibility study, La Banque Postale will be in a position, in case of positive decision of the organizing authorities, to ensure the acquisition of transactions generated by these cards as soon as end of year 2009.” Jean-Marie Dragon, Head of Means of Payment at La Banque Postale, the exclusive RATP Bank for acquiring (counters, Ticket Vending Machines and Internet sales) further says: “we wish to pass on our knowledge and know-how in the domain of card payments, and thereafter position ourselves as the first French bank to offer a PayPass contactless payment card usable in public transit networks.” About MasterCard Transit The transit sector has emerged as a new category experiencing increased adoption of contactless payments, as a growing number of transportation agencies try to speed up the purchase of rides, optimize fare collection and keep up with consumer demand for alternative payment choices. MasterCard is a leader in bringing MasterCard PayPass to subway systems, buses, taxis and parking lots, with several consumer trials and programs currently underway with transit agencies and transportation networks globally. Recent Transit Announcements: MasterCard Announces PayPass Pilot on Liverpool Buses In October, MasterCard Worldwide announced that Liverpool will be the next city where contactless devices can be utilized as a one year trial of MasterCard PayPass and Maestro PayPass was announced on around 200 buses in Merseyside. The major planned rollout in the second quarter of 2009 will be the first ever use of contactless bankcard payments on public transport in the UK and the first significant extension of the PayPass way to pay outside London for members of the general public. Royal Bank of Scotland and MasterCard enable taxis for contactless payments in London In June, Londoners were able to use Tap & Go payments in taxis, as the Royal Bank of Scotland introduced contactless payment technology in selected black cabs across the capital. London is the first city in the UK where contactless cards can be used to pay for taxi fares of £10 or less. MasterCard Announces Official Operation of TaiwanMoney Card at Kaohsiung Mass Rapid Transit In April, MasterCard Worldwide, in collaboration with Kaohsiung City Government and Kaohsiung Rapid Transit Corporation, announced that TaiwanMoney Card – the world’s first dual interface, contact and contactless payment card for transportation and every day life expenses – is now officially in operation at Kaohsiung Mass Rapid Transit (KMRT). Port Authority and NJ Transit Announce Trial of MasterCard PayPass on PATH Train Stations and Select Bus Routes In February, Port Authority and NJ Transit announced an eight-month pilot test that will allow customers to use MasterCard PayPass and other contactless cards and devices to pay their transit fare. The trial, expected to launch in early 2009, will be exclusive to MasterCard PayPass customers during the initial two months of the test and to other bank-issued contactless card customers as well for the balance of the test period. MasterCard, MTA and Citigroup Trial Contactless Payments in Select NYC Subway Stations In 2006, MasterCard Worldwide, the Metropolitan Transportation Authority (MTA) New York City Transit, and Citi Cards and Citibank announced a contactless payment trial in select NYC subway stations with pre-selected Citi credit card and Citibank customers. About MasterCard Europe and MasterCard Worldwide MasterCard Europe is the entity responsible for managing MasterCard Worldwide’s business in Europe, for Europe. With headquarters in Waterloo, Belgium, MasterCard Europe works with 51 European countries organized administratively into three customer areas, incorporating the Single Euro Payments Area (SEPA), mature markets and the developing markets of Europe, stretching as far afield as the eastern border of Russia. Through its network of local offices, MasterCard Europe can understand and meet the diverse needs of customers in the very different types of markets throughout Europe, enabling people to do business in their own way in their own language. Through MasterCard Worldwide, MasterCard Europe offers its European customers and consumers access to leading payment services throughout the world. MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 18 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information, go to http://www.mastercard.com. About MasterCard® PayPass™ MasterCard PayPass is ideal for traditional cash-heavy environments where speed is essential, and has led the way in bringing contactless technology to consumer categories such as quick serve restaurants, drug stores, gas stations, vending machines, convenience stores, sports arenas, movie theaters, transit systems, taxis and parking garages. As of 3Q 2008, there are nearly 44 million PayPass cards and devices issued globally, and PayPass is currently accepted globally at more than 135,000 merchant locations, including participating CVS, McDonald’s, and many others. PayPass is also accepted at numerous professional football and baseball stadiums. For more information about MasterCard PayPass and a full list of participating merchants, visit www.mastercard.com/paypass. About RATP RATP operates, in the Ile-de-France region, one of the largest metro networks in the world, featuring 19 subway, RER and tramway lines and 350 bus lines. To carry its 10 million daily travelers, RATP employs 45 000 employees whose mission is to offer to all the best public urban transport service to the best cost to the local tax payer. Through an extensive investment program, RATP aims at participating to the improvement of the city commuters’ life conditions, now and in the future, thanks to a quality, security, ecological, economical and caring transit service. About la Banque Postale (www.labanquepostale.fr) La Banque Postale, a banking subsidiary of La Poste Group is a unique and singular bank on the retail banking market in France. Faithful to its values of public service, confidence and proximity, La Banque Postale has placed attention to customers at the heart of its business. It works alongside its customers, personal and business, in a long-term banking relationship with an accessible range of products and services at reasonable rates. It is continuously enriching its product offering in particular using the expertise of its subsidiaries and partners, thus opening up to new business fields. La Banque Postale is accessible 24/7, everywhere at any time. La Banque Postale: - €4.745 billion Net Banking Income - 11.1 million postal current accounts - 9.3 million customers having La Banque Postale as first banking provider - 5,080 ATMs in France - €250.7 billion in outstanding customer funds - 5.7 million bank cards - 17,068 outlets As of end 2007 Press Contacts: MasterCard Corinne Raes – corinne_raes@mastercard.com – + 322 352 5237/ + 32 498 585 237 Aurélie Gabrieli - agabrieli@webershandwick.com – + 33 1 47 59 56 36 RATP Céline Mathieu – celine.mathieu@ratp.fr – +33 1 58 78 37 37 La Banque Postale Mouna Aoun –mouna.aoun@laposte.fr -+ 33 1