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From the February-07, 2007 issue of Credit Union Times Magazine • Subscribe!

Supermarket Chain Gets on Contactless Bandwagon

PURCHASE, N.Y. -- Spartan stores, a leading regional grocery retail and wholesale operator with more than 87 retail stores located in Michigan and northwest Ohio has decided to start accepting so called contactless payments, according to MasterCard.

Contactless credit card payments are those in which a cardholder merely taps their card or card device against a special reader in order to pay for something. These sorts of payments have been growing in the quick retail, supermarket and quick serve restaurant sectors.

"Accepting MasterCard PayPass at our retail stores will provide customers with a more rapid payment option that builds on our strategy to make the consumer shopping experience quicker and more convenient," said Ted Adornato, executive vice president of retail operations for Spartan Stores. "Whether customers come to pick up groceries or prescriptions, we are committed to make Spartan's retail stores an easy place to shop and PayPass acceptance does exactly that."

In addition, contactless payment transactions generally do not require a customer's signature for transactions below $25, further streamlining the process.

"MasterCard, like Spartan Stores, understands the significance of streamlining the customer purchasing process. We are proud to be partnering with a company like Spartan Stores that recognizes the benefits of using innovative technology to improve the consumers' shopping experience," said T.J. Sharkey, Group Head, National Accounts, U.S. Commerce Development, MasterCard Worldwide. "PayPass is helping to transform retail industries by providing a way for merchants to differentiate themselves at the point of sale."

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