J/Speedy provides a way for consumers to pay, particularly in environments where throughput speed is critical, such as supermarkets, convenience stores, and fast food restaurants. The program enables consumers to pay by simply tapping their card or mobile phone on a certified terminal or J/Speedy reader. Verifone is making its payment application software globally available, and merchants in China, Taiwan, Thailand and other markets in the Asia Pacific region will have the ability to update their Verifone terminals to accept J/Speedy contactless payments from consumers.
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