This article was originally published by RFID Update.
August 19, 2004—McDonald’s and Verifone have partnered to offer the fast food chain’s customers a wireless, RFID-based payment option at its drive-throughs. Based on MasterCard’s PayPass, the system is similar in concept to Mobil Oil’s four-year old RFID-based Speedpass, in which customers pay for purchases by waving their prepaid card or key fob over a reader. In contrast, McDonald’s system will charge the purchase to the customer’s Mastercard account. Dallas and New York City will be the first locations where the system is tested.
Read the article at Silicon Valley Business Journal
