Tuesday, February 07, 2006



RFID Credit Card Solution ...

SmartCode launches RFID-enabled solution for the credit card market ...

... "SmartCode Corp. - The RFID Company, the world’s leading manufacturer of low cost, high performance RFID hardware solutions announced its new SmartPay RFID solutions for the Contactless RFID Credit Card Market. Specially designed for the Visa, MasterCard, American Express, and Chase Blink, SmartCode's new SmartPay RFID solution enables a time efficient contactless procedure for credit card transactions. Not requiring any physical contact between the credit card and the terminal, the SmartPay Credit Card RFID solution enable Merchants and Consumers to reduce card processing time and increase Point Of Sale throughput. The SmartPay Credit Card RFID solution also translates to lower maintenance costs and increased flexibility of terminal positioning such as on the counter, drive through installations or embedded into a variety of fixtures. Wall Street Journal and research firm TowerGroup estimates the market for transactions valued at less than $5 accounted for $1.32 trillion in consumer spending in 2003, representing more than 400 billion transactions. In addition, more than 37 million Americans are willing to use their cards for $5 or less and an estimated 6.5 million Americans would be comfortable using cards for transactions of less than $1, according to a study released late last year by the research firm Ipsos-Insight. " ...

RFID Credit Card Solution: Via SmartCode: SMARTCODE CORP. unleashes low cost RFID TO THE $1.32 trillion micro payments market: SmartCode Corp.'s new SmartPay Product line offers embedded RFID solutions for Visa, MasterCard and American Express RFID Credit Card solutions ...

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