The landmark rollout in Philadelphia follows the successful trials of USA Technologies' e-Port by MasterCard and USA Technologies in vending machines in New York City and Atlanta. USA Technologies' Generation Six (G6) e-Port radio frequency technology was developed specifically to accept MasterCard PayPass and other forms of contactless payments.
Consumers no longer need to fumble for cash and coins. To use this technology, consumers simply tap their MasterCard PayPass-enabled card or device on the vending machine's e-Port payment terminal. Within seconds, the terminal will flash a light and produce a tone signaling the transaction is complete. As with all MasterCard PayPass transactions under $25, no signature will be required for purchases. In addition to accepting MasterCard PayPass, the terminals will also accept traditional magnetic-stripe credit and debit cards.
MasterCard PayPass uses radio frequency technology to transmit payment details wirelessly between the PayPass device and the merchant's terminal. The transaction is then processed through the MasterCard network for clearing and settlement. PayPass technology can be found in a number of different forms. PayPass cards include magnetic stripe technology, so the cards can also be used in the traditional manner anywhere MasterCard is accepted around the world. PayPass technology can also be used in a number of devices, such as a convenient payment tag that fits on a key chain for easy access, and in mobile phones.
