Plastic cards are considered very in a convenient way when paying for purchases. They don't take up much space in your wallet. And in case of theft, fraudsters will not be able to cash out a card without a pin code. But they also have a drawback - you can pay with your card for purchases in online stores where you just need to enter the CVV code and the money will be debited from the balance. Therefore, plastic cards have an alternative called PayPass. We will now tell you about what it is and how this technology works in practice.
What is PayPass
PayPass is a contactless payment technology using MasterCard cards... To make a payment, it is enough to attach a card with a built-in microprocessor to a special terminal. In fact, such a card will become a microcircuit equipped with an antenna. Some countries have already begun to embed such microprocessors in phones, wristwatches and other gadgets. With this safe system you can easily pay for small purchases. It is enough just to touch the object in which the chip is embedded, the terminal and that's it, the purchase is complete. This method is very convenient in places with high traffic. Now you don't have to stand in lines for a long time or wait for change.
Benefits of contactless payment:
— modern look calculation;
- is a universal means of payment;
- excellent protection against fraudsters;
- will serve for a long time;
— Quick way calculation that does not require additional verification;
Where this technology is applied
Although PayPass has been used in the world since 2003, it has not yet received a wide area of application in Russia. The technology can be used only in cities with a population of over one million. Such a settlement system is used in supermarkets, pharmacies, restaurants, cafes, gas stations and even beauty salons. In order to develop this type of payment, visitors are offered discounts or gifts on their purchases when paying by PayPass. In addition, not all banks have implemented new technology, therefore, payment by credit card is a priority. Note that the system is beginning to be in great demand, and, for sure, in a few years it will become one of the main methods of calculation.
MasterCard support
PayPass supports both MasterCard credit and debit cards. Before issuing a card, check with your bank about connecting the service, otherwise the card may end up without a built-in chip. The chip does not have to be embedded in the card. You can wear it on a regular keychain. Also, the system offers cards of its own issue with the PayPass or PayWave Visa logos. The main thing is not to lose it! In Russia, using such a system, you can pay for goods whose value does not exceed 1 thousand rubles, otherwise you will have to enter a pin code. If you are not satisfied with the established threshold, then you can increase it by submitting a written application to the bank where the chip was issued to you.
How to pay using PayPass technology
When paying at the checkout, make sure that the purchase amount does not exceed 1000 rubles. Next, attach to the special terminal an object that has a built-in microprocessor. Hold the object near the terminal until the chip is read (1-2 seconds). You don't need to do anything else! The result of the debiting can be sent by SMS or check, which is available in the history of your bank account.
The popular world-class payment system MasterCard issues contactless plastic cards.
With their help, the owner can pay for any purchase with one touch of POS terminals. VTB Bank offers its clients to order debit and credit cards With PayPass technology.
Advantages of contactless cards from VTB with PayPass
One-touch cashless payments are accepted in all retail outlets equipped with POS terminals. MasterCard cards with PayPass technology from VTB have a chip platform and a higher degree of protection than plastic cards with magnetic stripes.
VTB Bank offers customers manufacturing debit cards and credit cards with two interfaces for service - with a magnetic stripe and a contactless chip that transmits data without touching payment terminal.
To the advantages of cards with contactless technology payment for purchases include:
- instant transfer of funds to the seller;
- the ability to pay for a product or service anywhere in the world;
- the simplicity of this operation;
- low risk of possible fraudulent activities.
If the transaction price does not exceed 1 thousand rubles, the client, as a rule, does not need to enter the PIN code into the POS terminal. If the purchase is more expensive, for security reasons the cardholder will need to confirm payment for the goods or services.
How to connect PayPass to a VTB card?
If you have a plastic card that does not have contactless technology, you will not be able to install PayPass on it. The client can order manufacturing new card with a chip that allows you to pay with one touch of the POS terminal.
Select the tariff you are interested in and study the terms of its service. For example, VTB customers can order manufacturing social card a Muscovite MasterCard Standard and a MasterCard Super3 debit card with a built-in Troika transport application, working with PayPass.
If you are not sure whether it is possible to issue a contactless card, check this information with a specialist by contacting VTB Bank or by calling the call center.
How to disable PayPass on a VTB card?
It is not possible to deactivate the contactless payment method. If necessary, the client can replace the card with a new one with one interface for service.
Due to the presence of a micro-chip in the card with the connected PayPass system, you can, without handing it to the cashier, independently bring it to the payment terminal and pay for any purchase up to 1000 rubles without confirmation with a pin code. But in case of loss of the card, it is fraught with theft from the account of a large amount of several completed purchases. Indeed, when calculating with a card, the cashier will not even be able to read the owner's name and make sure (upon request of the document) that the card belongs to this person. It is for these reasons that cautious cardholders wish to deactivate the PayPass service.
Contactless payment system almost all modern international MasterCard and Maestro cards are equipped. This system is called PayPass. Another Visa card transaction service offers exactly the same technology, but with a different name - Visa payWave. Another format of American Express international cards is equipped with a similar technology called Express Pay.
How to tell if your card has PayPass
- The card should have a green logo in English - PayPass.
- The card may have a universal symbol that resembles the icon distributed on a smartphone Wi-Fi.
- You can simply try to pay for any purchase in the store at the checkout by holding your plastic card face up to the terminal.
- Or find out about the presence of active PayPass on your "plastic" at the branch of the bank that issued you the card.
PayPass payment protection
All banks that issue cards equipped with the PayPass function guarantee card protection for their owner.
- The first degree of protection is the lack of contact with the cashier. You do not let go of your card, which means that it will not get to scammers and the cashier will not be able to do any manipulations with your account. Thus, the owner is in complete control of the situation.
- Funds from the card on the same account will not be debited twice. After the first contact of the card with the terminal, it notifies the transaction with a signal and turns off.
- In case of loss or theft, the card can be blocked, and the money in the account is frozen, as well as in similar situations with any other by credit card, on the first call to the bank or when contacting the online account.
How to disable PayPass on a card
It is possible to terminate the activity of the contactless payment system in personal account bank by opening the card functionality with the connected PayPass.
If your bank does not provide such an option in your personal account, you can contact the bank branch that issued you "plastic" with a statement about blocking PayPass or changing your card to a new one without the possibility of making contactless payments. A passport is required to apply.
PayPass technology allows the owner of a plastic card to pay for purchases using a contactless method. You do not need to enter a PIN code, as well as sign the check. The payment procedure in this way significantly saves time and protects the client's account from erroneous payments and fraud. Peculiarities of PayPass technology and what it gives to the client, we will consider further.
The essence of technology
PayPass is originally from the USA. Initially, contactless payment technology was used in establishments fast food, but after the connection to the work of the largest banks in Canada and Japan, contactless payment terminals have spread throughout the world. Today the technology is used in some of the largest countries and throughout Europe.
In Russia, PayPass has been used since 2008 and only works with MasterCard and Visa. The cards were issued by the Moscow Industrial Bank. The main users of such "plastic" were students, for whom "plastic" replaced both the wallet and the student card.
Today the technology is widespread in large cities, and the cards are issued by Alfa-Bank, Russian Standard, Tinkoff Credit systems"And a number of other organizations. The use of "plastic" is especially convenient where you need to save time: in cafes and restaurants, airports, gas stations, etc.
On the front side of the instrument with PayPass, there are a number of designations: MasterCardPayPass and VisaPayWave. This makes it easy to distinguish such "plastic" from other types. The technology is not a plug-in service and for its use it is necessary to issue a separate card equipped with a chip.
The question "How to use?" Often arises. The essence of the technology is that a chip with an antenna is embedded in the plastic. It allows you to pay for a purchase by holding the card to the terminal without entering a PIN. The terminal will read the information and transfer money from the account.
Possible purchase amount - up to 1,000 rubles. If the amount is more, then you need to enter a PIN code. This is a condition for protecting funds. In addition, the technology will not allow you to pay twice, which is why the chip turns off after the payment is made.
If there are several cards with similar chips in the wallet, then PayPass will only react to one of them. For others, the procedure will be blocked. Why the blocking is carried out, the employee of the issuing bank can explain. Often, after an accidental stoppage of account transactions, no further payments are made.
Pay Pass can be used abroad. At the same time, American Express is added to the two designated systems (Visa and MasterCard). There is only one condition for making payments - the bank that issued the "plastic" must have a certificate of acceptance of contactless payments.
Institutions working with technology
"Plastic", compatible with contactless payment technology, can be credit and debit. The tariffs are comparable to the usual ones, and the list of institutions where you can order such a service is located on the PayPass website. Let's present a list of banks:
- Promsvyazbank: PSB-Platinum, All Inclusive, "Supercard";
- Alfa-Bank: Aeroflot debit and credit cards of classic and gold level;
- "Russian Standard" - offers only credit plastic;
- Sberbank: classic credit and debit Visa and MasterCard, Aeroflot, Platinum cards and Black Edition.
Separately, it should be said about the "Russian Standard NFC-bank card". The tool is inserted into mobile phone and is a regular SIM card. Unlike other types, a mobile device is brought to the terminal.
To purchase "plastic" contactless payment, you should contact financial institution issuing such a tool. The registration procedure in each bank is set individually, and the tariffs for use are indicated in the tariff plan. There are cards instant issue and personalized "plastic".
The registration procedure is as follows:
- choosing a bank and submitting an application in person or online;
- signing an account service agreement;
- receipt instantly or in 2-3 weeks.
The card can be issued free of charge if it is a classic "plastic". If the card is of the Gold (or Gold) level, then you will have to pay 1,000 or more rubles for the issue. In addition, there is a need to pay for annual maintenance. It is paid for any "plastic".
Where can I pay with PayPass
To pay using technology, you need to make a card deposit. You can top up your account in any terminal of the corresponding bank, as well as through the cashier. After that, payments will be available in any institution that has certain equipment.
Payment for goods and services by card with PayPass is possible only where terminals with similar functionality are installed. Most often, the partners of the system are large stores, restaurants, pharmacies, gas stations, metro and entertainment establishments.
To clarify whether such payment is possible in a particular institution, you need to go to the system's website, where information about all partners is located. In the search form, you need to enter the city and category of the organization.
The technology has a number of advantages:
- significant time savings;
- a wide selection of the subject of payment - by phone, wallet, key chains, etc .;
- secure payments thanks to the Security Pay system.
The disadvantages include:
- a small number of organizations working with PayPass in the Russian market;
- the non-proliferation of institutions with terminals for PayPass payment;
- frequent malfunctions of equipment.
Since PayPass is a testable technology, it is often impossible to urgently solve a customer's problem. The system site contains telephones hotline... The number is also indicated on the back of the "plastic".
Also, big questions are raised by the security and reliability of payments. The sellers claim that the funds are under the complete control of the client. Of course, the antenna located in the Pay Pass chip works at a distance of 3-4 centimeters from the terminal, and the payment is made in 3-4 seconds. But when transferring money, you need to carefully follow the procedure, since today there are devices like bluetooth that easily connect to a payment and transfer money to another account. This procedure is simplified as you do not need to enter a PIN.
Advice
A plastic card with a chip has the same terms of use as a regular one:
- it is necessary to avoid contact with water, direct sunlight. Do not bend the plastic to prevent damage to the chip;
- The PIN should only be accessible to the owner. You cannot share it with third parties, be they friends or bank employees;
- the card must be wrapped in foil or kept in a special card case. This helps prevent unauthorized access.
By following the advice of bank employees and the terms of using cards with PayPass, you can easily and safely pay for purchases without contact. It is worth remembering that this payment method may have some problems with service, so it is better to use cash as well.
More recently, plastic cards have entered our everyday life, and now there are alsocontactless cards... They use a new technology in payment systems calledPayPass. The system was created to speed up and simplify payments with Master Card and Visa cards. This technology can be applied to any card, including magnetic stripe cards.
Main advantage: contactless cards save time
In a store, at a gas station and wherever you can pay with a credit card,contactless cardswith PayPass technology free you from signing checks and entering a PIN. To pay, you just need to touch the card to a special terminal, then agree to the purchase. If the cost of your chosen product is not more than 1000 rubles, payment will take place instantly - this is the property of contactless cards.
Traveling in transport, medicines in pharmacies and gasoline at gas stations, groceries in stores using PayPass technology is easier and faster. The number of terminals is growing every day, as is the popularity of the system. PayPass cards appeared first in the USA, and today they are used in more than 40 countries around the world.
Benefits of PayPass technology
Advanced technologies provide the following benefits:
- payment becomes easier: the card does not need to be swiped in the terminal, there is no need to enter the PIN code. You don't need to sign the check either. Checking on the terminal and touch it with the card. Everything is paid and confirmed by a standard check.
- faster payment:the card does not need to be taken out of your bag or wallet. We touch the terminal card, you don't even need to take it out of your purse or wallet.
- improved protection:the cards are always in the hands of the owner, they should not be given to the cashier. It is impossible to pay twice for the same purchase - specially designed sound and light signals will interfere with this.
The only drawback of the contactless payment system is that the amount of such a purchase cannot exceed 1,000 rubles.
How to open a card for contactless payment
PayPass cards are issued only by banks that use payment Visa systems and Master Card. in information banking technologies involves the use of sufficiently large cash infusions, technical base, competent specialists and time, and not all banks can afford it. Issuance of cards with PayPass technology is possible in banks:
- Moscow Industrial Bank;
- Bank of Moscow;
- Raiffesenbank;
- Petrokomerts Bank;
- TCS;
- Russian standard.
Contactless cards have recently started to move in Russian but widespread use is expected. It is obvious that such special categories of the population as travelers, shopaholics and motorists will find it easier and more convenient to live. And the main mass will like the ease of use, speed and safety of cards with contactless payment technology. After some time, it will take to equip trade enterprises with terminals for contactless payments, a new round in the development of the convenience of electronic payments will begin.
