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WHSmith selects Streamline & Visa Europe for contactless payment service

Thursday 22 March 2012 15:42 CET | News

UK retailer WHSmith has selected Visa Europe and Streamline, the UK-based face to face card payment processor, to deploy a contactless payment service.

The new service is set to be available at 46 WHSmith travel location across the UK.

The Visa payWave contactless technology provided by Streamline enables consumers to purchase items by touching the reader with their cards.

Visa payWave platform is based on EMV chip technology, which uses a standard 128-bit encryption technology which enables it to store and encrypt confidential information. Once a customer uses a Visa payWave terminal, the card or mobile device and the terminal exchange security information and the transaction is completed.

Streamline enables customers to accept card payments at point of sale, over the phone and the internet. The company offers services across the entire payment value chain, including transaction capturing, merchant acquiring and transaction processing.

In recent news, Visa Europe has entered an agreement with Mobile Money Network (MMN) to take a 15 percent stake in its business of providing mobile commerce and payments services for retailers.


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Keywords: WHSmith, Streamline, Visa Europe, contactless payment service
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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