SUBWAY (US) restaurants to accept contactless payments with MasterCard PayPass

MasterCard Worldwide have announced that SUBWAY, the world’s largest submarine sandwich franchise, will accept MasterCard PayPass  contactless payments at more than 7,000 U.S. locations by the end of the first quarter of 2012. Consumers will now have a quick, convenient option to pay for their meal by simply tapping a MasterCard PayPass-enabled card or device at the register.

 “Our fans are accustomed to having choices when they walk through our doors,” said Tony Pace, Senior Vice President and Global Chief Marketing Officer, SUBWAY(R) Franchisee Advertising Fund. “Now with MasterCard PayPass, they’ll have another payment choice that is convenient and easy to use.”

Whether enabled via a phone, card, key fob, mobile payment tag or other device, MasterCard’s PayPass technology offers consumers a simple, easy and convenient way to pay for goods and services at 341,000 merchant locations worldwide.

“Since 2002, MasterCard has been at the forefront of contactless payment innovations, bringing the convenience and speed of PayPass technology to both consumers and merchants,” said Mario Shiliashki, Senior Vice President and Group Head, U.S. Emerging Payments, MasterCard Worldwide. “SUBWAY’s decision to provide PayPass acceptance is a testament to the popularity of contactless payments and our shared goal of providing consumers a faster and more convenient payment experience and a more enjoyable dining experience.”

With MasterCard PayPass, SUBWAY customers simply tap their PayPass-enabled MasterCard card, phone or device on a PayPass-accepting reader at check-out. MasterCard PayPass does not require customers to sign receipts for purchases under $50, further speeding up the transaction. MasterCard PayPass is currently accepted within several merchant categories where speed and convenience are essential, such as quick-service restaurants, retail, airports, sports stadiums and arenas, supermarkets, vending machines, and taxis.

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