Forecourt Trader - 30 years at the heart of the fuel retailing community

Payment in the cloud

01 March, 2012
Page 18 

YESpay and YES-wallet have announced the launch of cloud-based near-field communication (NFC) contactless card emulation services conforming to PayWave and PayPass standards, offering a more convenient and efficient payment solution for retailers and consumers.

By integrating YES-wallet pouch digital wallet service with YESpay EMBOSS payment service, both companies will provide a cloud service-based e-Money/pre-paid/gift-card payment platform that allows provision of convenient and efficient payment methods on NFC smartphones based on Visa PayWave and MasterCard PayPass standards.

The partnership allows e-Money (pre-paid gift-card) related business, merchant, and mail order house to implement a contactless card payment system without having to make heavy upfront investment by using the Pouch cloud service. YESpay will contribute by providing "payment terminals based on NFC reader/writers" and providing "EMBOSS payment processing services to cultivate and manage merchants" and YES-wallet will contribute by providing "PayWave or PayPass standard virtual payment cards cloud system via its Pouch digital wallet service".

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Weekly retail fuel prices: 15 January 2018
RegionDieselLPGSuper ULUL
East Midlands124.34132.31121.54
North East123.94133.63121.07
North West124.1658.50132.51121.18
Northern Ireland123.4169.90128.40120.85
South East125.1561.40132.52122.48
South West124.73130.24121.91
West Midlands123.7465.23132.27121.20
Yorkshire & Humber123.9161.90132.74121.12

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