Compass Group North America to accept Visa payWave
Transactions use a micro chip embedded in the card to send payment information to the point of sale reader
Compass Group North America, a foodservice and support services company, has announced that it is accepting Visa payWave, a feature on Visa cards that enables cardholders to make a purchase by holding their Visa payWave-enabled card near a secure reader at checkout instead of swiping it.
Throughout 2009, Compass Group North America will deploy Visa payWave-accepting ViVOtech 4500M contactless readers at check-out lanes across its foodservice locations.
According to Compass Group North America, Visa payWave transactions use a micro chip embedded in the card to send payment information rapidly and securely over an extremely short distance to the point of sale reader. All other aspects of the contactless transaction are handled in the same way as a traditional credit or debit payment transaction.
Stephanie Ericksen, senior business leader of product deployment for Visa, said: Visa is pleased to be working with Compass Group North America to deliver the next generation of payment technology. Visa payWave enables merchants to offer greater choice in payments, as well as speed and convenience at the point of sale - a great win for both merchants and cardholders.
Latest News
Related Insight
Suppliers Directory
Processed Foods Bakery & Cereals Confectionary Pasta & Noodles Savory Snacks Sweets & Desserts
Condiments & Ingredients Ingredients Oil & Fats Sauces & Spreads Soups
Chilled & Deli Food
Special Foods Baby Food Health Foods
Food Technology Process & Production IT & Software Packaging Sustainability
Marketing & Regulatory Regulatory & Food Safety Supply Chain Retail
Intelligence
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Reports Buy online from $449

Comments may be moderated for spam, obscenities or defamation.