MasterCard will launch a unique card in February

It was announced that Master Card in cooperation with French retailer Carrefour has designed a new innovative contactless PASS MasterCard card specifically for French consumers. This production with its improved benefits will be launched on February 11th, 2009 by Carrefour’s financial services’ subsidiary, Société des Paiements PASS.

It was also pointed that this flexible in use and the very latest in card technology new card program has many advantages:

•    Owing to the card’s joint debit/credit functionality it gives the opportunity for cardholders to pay for their purchases from their bank account or by credit;
•    Cardholder can choose his/her own PIN number;
•    Extension of guarantees up to 5 years for electrical-product purchases such as television and washing machines;
•    Cardholders who make purchases in a non-Carrefour group merchant at least once a month can double their discount benefits.

This card is one of the first in France that offers the MasterCard PayPass technology. The PASS MasterCard is believed to become famous and will gain the consumers’ confidence. Accepted by many international countries the PASS MasterCard card can be used in over 28 million points of sale with its’ insurance and assistance guarantees.

Source: MasterCard