MasterCard Australia's PayPass transactions reaches 1mn transactions

The card company expects all Australian MasterCard credit and debit cards will be PayPass-enabled by April 2014.

MasterCard Australia has announced that more than 1 million contactless PayPass transactions were recorded during the month of August.

According to Insider Retailing, this marks the first time that PayPass “Tap and Go” payments have surpassed the 1 million transaction milestone since the technology was introduced in Australia several years ago, indicating growing acceptance of contactless payments.

Insider Retailing estimates that there are 7 million PayPass enabled cards in use nationwide, issued by a number of major financial institutions including Commonwealth Bank of Australia, ANZ Bank, Bankwest, Macquarie Bank, HSBC, GE Money, ME Bank and Westpac.

Customers can use their PayPass cards at some 42,000 merchant terminals nationwide, including JB Hi-Fi, Bunnings, 7-Eleven, Caltex, Dymocks and McDonald’s.

View the full story in Contactless News.

Follow the link for more news on

Also Read

GHL’s Malaysia terminals can now accept cross-border payments via DuitNow QR

Vietnam’s debit card payments to reach $65.6b in 2028

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit