Coles to enable contactless payments

 

Buys 10,000 pin pads.

Retail giant Coles has ordered 10,000 pin pads that it will use to enable contactless payments for grocery purchases up to $100.

The pin pads, supplied directly by Ingenico, will be installed in stores progressively from this month.

Contactless payments will be tested at "selected" stores in February of next year.

A spokesman told iTnews that the retailer is yet to select the stores that will participate in the tests.

The company said it will roll out the pin pads to all 750-plus stores nationwide starting July 2012.

Coles said the system "will accept contactless payment from all major card operators, and can be used for both credit and debit payments."

A Visa spokeswoman said the company had some input into the business planning phase of the project.

"We talk to and support particular merchant clients and their rollouts," the spokeswoman said.

The retailer said it would post in-store "instructions for the new payment option as it becomes available".

Rival Woolworths announced a similar contactless payment project earlier this year.

Copyright © iTnews.com.au . All rights reserved.


Coles to enable contactless payments
 
 
 
Top Stories
The True Cost of BYOD - 2014 survey
Twelve months on from our first study, is BYOD a better proposition?
 
Photos: Unboxing the Magnus supercomputer
Pawsey's biggest beast slots into place.
 
ANZ looks to life beyond the transaction
If digital disruptors think an online payments startup could rock the big four, they’ve missed the point of why people use banks, says Patrick Maes.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
What is delaying adoption of public cloud in your organisation?







   |   View results
Lock-in concerns
  29%
 
Application integration concerns
  3%
 
Security and compliance concerns
  28%
 
Unreliable network infrastructure
  9%
 
Data sovereignty concerns
  21%
 
Lack of stakeholder support
  3%
 
Protecting on-premise IT jobs
  4%
 
Difficulty transitioning CapEx budget into OpEx
  3%
TOTAL VOTES: 1073

Vote