Chase "Blink" will be a catalyst for contactless RFID payments.(Radio Frequency Identification)(Chase card services)(Brief Article)

Microwave Journal, July, 2005

Chase card services announced that it is introducing "Blink," a new faster, easier way to pay, using RFID chips and contactless payment systems. With the Chase Blink announcement, the North American contactless payment market-starting gun has sounded and the race to redefine cashless payments is on.

Erik Michielson, ABI Research director of RFID and ubiquitous networks, comments: "Mass issuer contactless deployment such as Chase Blink reinforce what card associations and merchants have seen in trials after trials--secure contactless payments provide consumers with a faster, less-hassle-prone way to pay and benefit issuers, merchants and consumers. Moreover, this announcement demonstrates that merchants, point-of-sale technology vendors, card associations and...

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