Caltex at the cutting edge as payments go
June 30, 2011
Australia's leading convenience retailer will tomorrow introduce
new MasterCard PayPass technology to 387 of its metropolitan Star
Mart stores across the country.
Customers with participating credit cards* will be able to pay for
items without signing or keying their PIN.
The contactless payment technology, available through a partnership
with MasterCard and the Commonwealth Bank, will give Caltex
customers a faster and easier way to pay for convenience items and
fuel products at participating Caltex sites.
The availability of the new payment method across the Caltex
network is to more than double by the end of 2011 when 780 sites
are scheduled to be using the system.
Caltex National Retail Manager Leo Pucar said that a faster payment
system at the point of sale was one of a number of steps the
convenience retailer was taking to give customers access to the
latest technology and improve their shopping experience.
"Our customers visit our stores to re-fuel their vehicles and
purchase convenience products and services," Mr Pucar.
"Our aim is to help customers get on their way to where they are
going as quickly as possible and that means giving customers access
to modern and efficient forms of payment technology such as
Commonwealth Bank's Executive General Manager for Business Products
and Development, Kelly Bayer Rosmarin, said the new arrangement
with Caltex reinforced the bank's leading position in providing
contactless solutions for a growing number of merchants.
"We have installed approximately 25,000 contactless readers with
our merchants since October 2009 and the move from Caltex is a
testament to the value and opportunity for contactless technology
in the merchant space," Ms Bayer Rosmarin said.
"With over five million MasterCard Credit and Debit PayPass cards
on issue, the Commonwealth Bank is the largest issuer in the
"The popularity of PayPass continues to grow and we are witnessing
increases of 25% in the number of transactions processed every
MasterCard PayPass technology allows customers with
microchip-enabled cards to use a specially-fitted EFT terminal
without the card physically touching the machine.
Mr Pucar said each payment would no longer require the customer to
insert the card, select an account or either sign or key in a
* Card issuer transaction limits apply (see factsheet).
MasterCard PayPass - factsheet
- Contactless payments (or "Near Field Communications") are known
by many names including MasterCard PayPass and VISA PayWave.
- This technology allows cardholders to use a specially-fitted
EFT terminal without the card physically touching the machine.
- Transactions performed with this technology are designed to be
quick, with no need to insert the card, select an account, enter a
PIN or sign.
- Applies to MasterCard and VISA credit account transactions of
- Suitable cards are issued by financial institutions with a
microchip that allows the card to be read by the specially-fitted
- Card issuers have in place different dollar limits for
transactions made using this payment technology. Some cards have a
limit on the number of transactions customers can make. Customers
should check with their financial institution to find out how these
conditions might affect their purchases.
- With the card remaining in the customer's hands at all times,
Contactless transactions have been shown to be the safest form of
transaction with the lowest rates of fraud experienced.
- For more information, visit the Commonwealth Bank website at:
Caltex media contact:
02 9250 5094