Contactless Payment Moves Ahead

New York City, The contactless-payment movement took several steps forward today.

Altoona, Pa.-based Sheetz went live in all 309 of its convenience stores with technology allowing for contactless payment. Sheetz was a pioneer in accepting MasterCard PayPass. The retailer also said it is rolling out the Sheetz MasterCard from Chase, which combines magnetic-stripe functionality, and a chip that communicates with the card readers by tapping it or waving it across the reader.

Dallas-based 7-Eleven said it will begin accepting Visa Contactless payments and install contactless card readers at all of its 5,300 U.S. stores.

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