News
MasterCard signs US drugstore chain Rite Aid to PayPass
MasterCard Worldwide announced today that one of the nation's leading drugstore chains, Rite Aid Corporation, is now accepting MasterCard PayPass contactless payments.
In addition to traditional magnetic-stripe payment cards, Rite Aid will accept MasterCard PayPass at its check-out counters to provide customers with quicker transactions and greater payment convenience. MasterCard PayPass will be accepted at 3,800 of its nearly 5,000 stores across the country.
"Our number one priority is our customers, and we are committed to providing them with unparalleled service and convenience," said Don Davis, Rite Aid Senior Vice President and Chief Information Officer. "By accepting contactless payment technology, we're able to provide our customers with a fast and convenient way to pay for their everyday purchases, enhancing their overall shopping experience."
Rite Aid customers now will be able to quickly make their purchases by simply tapping their PayPass-enabled MasterCard card or device on a PayPass reader at the check-out counter. MasterCard PayPass also eliminates the need for customers to sign receipts for purchases under $25, further speeding up the transaction.
"MasterCard PayPass is increasingly becoming the payment method of choice in sectors where merchants recognize the value of providing faster check-out times for their customers," said Denis Bouchard, Group Head, U.S. Merchant Product Sales, MasterCard Worldwide. "Rite Aid stores provide an ideal setting for the benefits delivered by contactless payments."
MasterCard PayPass is currently accepted within several retail sectors where speed and convenience are critical factors, such as quick-service restaurants, sports stadiums and arenas, movie theaters, supermarkets, vending machines, and taxis.