Cathleen Conforti, Global PayPass Product Manager, MasterCard Worldwide, discusses the significant momentum of PayPass in the United States as the company reaches a milestone of 50 million cards and devices issued around the world demonstrating the demand for simple payments solutions and the continued secular shift toward electronic payments.
PayPass is a payments innovation that is displacing cash while making transactions faster, easier and more secure in a way that creates a more efficient system of commerce for consumers, merchants and financial institutions.
More information on PayPass momentum can be found at:
http://www.mastercard.com/us/company/en/newsroom/mc_paypass_adds_ease_and_sim...
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