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Subway to install MasterCard’s PayPass contactless payment system
Purchase, N.Y. -- MasterCard Worldwide announced that Subway, the nation’s largest sandwich chain, will accept MasterCard’s PayPass contactless payments at more than 7,000 U.S. locations by the end of first quarter 2012.
Consumers will now have the option of paying for their meal by simply tapping a MasterCard PayPass-enabled card or device at the register. PayPass does not require customers to sign receipts for purchases under $50.
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Remembering Jack Buley
On March 22, 2011, Canadian retailer tb!s The Bargain Shop named top American retail executive Beryl “Jack” Buley as its new president and CEO. A week later, on March 29, I sat down with Buley to discuss his new position for our then-upcoming June/July issue. Eight weeks later, he was dead.
