Tag Archives: contactless payments

Yiftee Enables Contactless ‘Tap & Go’ Payments, Teaming Up with Mastercard and Silicon Valley Bank, a division of First Citizens Bank

Collaboration Brings Added Convenience and Security when Redeeming Community Cards at Local Businesses

MENLO PARK, Calif., June 3, 2025 (SEND2PRESS NEWSWIRE) –– Yiftee, a leading provider of Community Cards that “Keep Local Dollars Local,” announced the launch of contactless Tap & Go capabilities for their virtual Community Cards that support over 700 communities and over 20,000 local businesses. Developed with Mastercard and Silicon Valley Bank, a division of First Citizens Bank, this latest innovation is expected to help drive spending to local shops and restaurants across the country, fueling the “shop local” movement.

Image caption: Tap & Go payments are now available for Yiftee Community Cards and eGift Cards at over 20,000 local shops and restaurants, for added convenience and security.

Contactless payments today account for more than two in every three in-person transactions globally on Mastercard’s network as shoppers and merchants continue to prioritize faster, safer and simpler payments experiences. Now, Community Card (CommCard) recipients can enjoy this added convenience, increasing the cards’ already widespread applications. For example, employers buy them for employee recognition programs, non-profits use them for volunteer appreciation, and local governments distribute funds for programs such as “shop local” campaigns, disaster recovery, mitigating construction disruption, and tourism. The funds remain in the community, benefiting its local businesses in addition to card recipients.

Local businesses can join a Yiftee Community Card program in their area at no cost and with no special equipment required, which helps them access new digital payments opportunities to support their growth. Built on Mastercard In Control for Mobile Payments, which helps enhance commercial card programs leveraging tokenization, Yiftee’s CommCard program will benefit users by providing secure and convenient digital cards that can be used anywhere Tap & Go contactless payments are accepted. Additionally, this helps local businesses increase acceptance and stay top of mind for customers whenever they open their digital wallet. For innovative FinTech solution providers like Yiftee, Mastercard’s In Control for Mobile Payments enables the seamless integration of virtual card numbers into digital wallets. These virtual card numbers come with robust built-in security features, ensuring that transactions are secure and protected against fraud.

“Mastercard is thrilled to team up with Yiftee to bring the power of contactless payments to their Community Cards and neighborhoods across the country,” said Mary Beth Livengood, Executive Vice President, Corporate Solutions, North America, Mastercard. “By combining our Tap & Go capabilities and In Control for Mobile Payments technology with Yiftee’s solution, we’re delivering a secure, convenient digital card experience—one that supports local businesses and helps fuel vibrant, thriving communities.”

“Since launching CommCards in 2018, they have taken off as an efficient way to share the fun experience of unique local businesses in an area while giving back to the community,” said Donna Novitsky, Yiftee CEO, “With contactless technology, we expect our customers to find even more creative uses for CommCards given the added convenience and security at checkout.”

“Silicon Valley Bank is proud to support Yiftee with its Tap & Go rollout,” said Jon Oakes, Managing Director of Commercial Cards. “Yiftee’s work in helping local merchants access new technologies and revenue streams is key to building resilient and thriving communities.”

Communities across the country use their CommCards to attract visitors and keep their spending local. In Utah, for example, Park City has launched their Mountainkind CommCard as a booking incentive for hotels, events, and experiences, guiding their visitors through local attractions. The Mountainkind CommCard has driven more than $50,000 in spending into local businesses in its first six months.

The Tap & Go collaboration is helping reshape local commerce—simplifying transactions, boosting economic development, and driving foot-traffic to local businesses in neighborhoods, towns and cities across the country.

About Yiftee:

Yiftee is the leading provider of Community Cards (CommCards), empowering local economies by driving revenue and foot traffic to local businesses. Operating in over 700 U.S. cities and serving 20K local merchants, Yiftee’s digital cards keep millions of dollars circulating locally each year. Cities nationwide use CommCards for economic development, tourism promotion, disaster recovery, workforce education, and more. Organizations and residents purchase CommCards online for employee rewards, tourism, and customer appreciation. Download the Yiftee iPhone app today and join the Shop Local movement. Learn more at https://yiftee.com/.

About Silicon Valley Bank, a division of First Citizens Bank:

Silicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of some of the world’s most innovative companies and investors. SVB provides commercial banking to companies in the technology, life science and healthcare, private equity and venture capital industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. SVB’s parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA), is a top 20 U.S. financial institution with more than $200 billion in assets. First Citizens Bank, Member FDIC. Learn more at https://www.svb.com/.

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/25-0603-s2p-yiftee-300dpi.jpg

Image caption: Tap & Go payments are now available for Yiftee Community Cards and eGift Cards at over 20,000 local shops and restaurants, for added convenience and security.

NEWS SOURCE: Yiftee Inc.

This press release was issued on behalf of the news source (Yiftee Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/yiftee-enables-contactless-tap-go-payments-teaming-up-with-mastercard-and-silicon-valley-bank-a-division-of-first-citizens-bank/

Capstone Logistics Launches CapstonePay for Digital Unloading Payments

PEACHTREE CORNERS, Ga. /ScoopCloud/ -- Capstone Logistics, a leading provider of end-to-end supply chain solutions, has announced the launch of CapstonePay, a remote payment system that enables truck drivers delivering into Capstone-supported facilities to electronically pay for unloading services without leaving their cab.

The web-based portal is a module in Capstone's Apex Technology suite and is the first payment solution to fully integrate directly with all major fleet check and fuel card providers, including Comdata and WEX. The industry-leading solution allows drivers to make payments instantly, in a contactless, fully automated manner.

CapstonePay improves the driver experience at Capstone partner facilities in several ways:

* FAST PAY, NO DELAY: Drivers get back on the road faster to increase their hours of service and ability to generate revenue.

* SECURE PAY: Automated and integrated authorization reduces fraud and driver wait time.

* NO PHONE CALLS: No need to verify check codes.

* NO CONTACT: Drivers pay by phone or tablet from the comfort of their truck.

* NO CHECKS: Drivers can pay directly with fuel cards.

* INSTANT TRACKING: Drivers and their companies receive instant, electronic receipts to guarantee quicker reimbursement.

* BEST SUPPORT: CapstonePay is backed by a 24-hour help desk.

"Paying for unloading services doesn't have to be complicated or costly for carriers due to time-consuming phone calls, lost hours of service, or failed reimbursements," says Ahmed Abdalla, Chief Technology Officer at Capstone. "The improved checkout process with CapstonePay saves carriers valuable time per unload, protects both drivers and shippers against lost receipts, and should help reduce the potential for fraudulent activity."

CapstonePay is one of several recent initiatives to improve the flow of inbound transportation at Capstone-supported facilities and help warehouse partners reduce dwell time, enhance the driver experience to improve retention, and minimize supply chain waste.

About Capstone Logistics

Capstone Logistics is the leader in providing specialized, technology-enabled solutions for the most challenging supply chains. Powered by an interconnected platform, Capstone creates end-to-end efficiencies and cost-savings that help suppliers, distributors, and retailers exceed customer expectations. From performance-driven labor solutions to high-touch transportation and fulfillment, Capstone delivers the scale, accountability, and continuity that enables modern supply chains to compete in an ever-evolving environment.

To learn more, visit https://www.capstonelogistics.com/.

RELATED LINK:

https://www.capstonelogistics.com/apex-technology-suite/

Capstone Logistics, a leading provider of end-to-end supply chain solutions, has announced the launch of CapstonePay, a remote payment system that enables truck drivers delivering into Capstone-supported facilities to electronically pay for unloading services without leaving their cab.

Related link: https://www.capstonelogistics.com/

Chase Petersen Joins KIS Technologies as Sr. Business Development Manager

PLANO, Texas /ScoopCloud/ -- KIS Technologies, a suite of smart, secure, simple solutions for the ticketing industry, today announced the addition of Chase Petersen as Sr. Business Development Manager. Petersen will be located in the Plano, Texas office.

Chase joins KIS Technologies with more than five years of sales, marketing and operations success with professional sports teams including the Arizona Diamondbacks and the Texas Rangers Baseball Club. Petersen is responsible for business development activities across all KIS Technologies products including KIS Ticket, KIS Kiosk and KIS Park.

"We're very excited to have Chase on board," explained Toby Fender, President at KIS Technologies. "Chase's experience in developing relationships and understanding event solutions makes him a great candidate as we continue to build KIS Technologies as a high-tech platform to deliver high touch experiences. We're already seeing higher demand for live events and entertainment, and we're excited about the features and functionality we've developed to help the industry return to business," added Fender.

About KIS Technologies:

KIS Technologies is a suite of smart, secure, simple solutions designed to ease management and promote sales for the ticketing industry. Flagship products include KIS Ticket and KIS Kiosk which offer a robust set of features to sell tickets 24/7 in a contactless customer journey.

KIS Kiosk is an ecosystem partner using the Tessitura API and is integrated with WorldPay and Windcave payment processors to give patrons the convenience and ease of serving themselves. KIS Ticket is a smart, simple, point-of-sale solution for general admission events and is fully integrated with Square and Bluefin payment processing solutions for contactless, secure, P2PE transactions. KIS Park is a convenient, handheld parking POS system that allows parking attendants to scan, sell and print parking passes with a single contactless solution.

Headquartered in Plano, Texas, customers include the Georgia Aquarium, State Fair of Texas, Museum of Fine Arts Houston, Sydney Opera House and the Calgary Zoo.

For more information, visit https://www.kisticket.com/kis_technologies.

MULTIMEDIA:

*VIDEO (YouTube): https://youtu.be/TNKk3jvwlm0

*PHOTO link for media: https://www.Send2Press.com/300dpi/21-0728s2p-CPetersen2019-300dpi.jpg

KIS Technologies, a suite of smart, secure, simple solutions for the ticketing industry, today announced the addition of Chase Petersen as Sr. Business Development Manager. Petersen will be located in the Plano, Texas office.

Currency Notes Can Be Super Spreader of Novel Coronavirus 2019

SAN FRANCISCO, Calif. /ScoopCloud/ -- At a time when various governments and health bodies are still figuring out the different modes of transmission of novel coronavirus 2019, there are some spelled out precautions for which there is a universal consensus, says HexGn research. One of them is to avoid contact with the objects, people, surfaces, et all.

The option of isolation at home is not possible as people still need to buy food or step out for essential purchases, and in places where it is business as usual, nearly unavoidable. Financial transactions cannot be avoided whatever be the case, coins, paper money, ATM, card swipe machines, and even plastic cards, therefore pose a risk in such circumstances. It is no longer a debate about cashless economy, contactless is the way ahead.

Currency notes, coins, and plastic cards, due to its frequent circulation in daily life as a medium of exchange, could get easily contaminated by this Coronavirus. Previous studies across the United States, China, India, and other countries (Sharma and Sumbali, 2014) have revealed that 70-94 percent of banknotes and coins harbor various bacteria and viruses on the surface, even currency counting machines were harboring deadly pathogens. If this was not enough, another study by Kramer et al. in 2006, using laboratory simulations, concluded that bacteria and viruses could survive on the surface of banknotes or coins from one to thirteen days.

Avoiding currency notes and coins may not be enough; plastic cards and card swipe machines, too, may not be immune from contamination. Cards are never cleaned and the user needs to punch in the PIN on the payment terminal, which may not be disinfected after every usage. Professor Eike Steinmann at the Faculty of Medicine at Ruhr-Universität Bochum in Germany has published a new analysis in The Journal of Hospital Infection. Professor Steinmann, by analyzing data from different types of Coronavirus, has concluded that many strains can live on surfaces such as glass, plastic, or metal, for up to nine days.

Governments and public health organizations can proactively educate people to use contactless payments systems that facilitate payment using digital wallets, QR code scan, or point and pay.

According to HexGn Research, contactless payments are a part of the FinTech sector, which attracted $46 billion in investments, 10 percent of it made into ventures specializing in payment systems and wallets. This could increase dramatically, as governments look for the immediate adoption of contactless payments being offered by existing players. This will lead to further fundraising to strengthen backend systems and onboarding new consumers. New players will also enter the payments and wallet segment, looking at the possible boom.

"To stem infection early on, it has become imperative for Governments to not only adopt but actively encourage the usage of contactless payments & transactions. This will provide a safer transaction option as we continue to fight with this novel Coronavirus," says Alex Kong, Founder and chairman of Hong Kong-based FinTech Unicorn, TNG Wallet.

Payments and Digital wallet companies could help in reducing the spread of Novel Coronavirus 2019 and embolden global health bodies in stemming this tide with minimal damage.

Learn more at https://hexgn.com/

At a time when various governments and health bodies are still figuring out the different modes of transmission of novel coronavirus 2019, there are some spelled out precautions for which there is a universal consensus, says HexGn research. One of them is to avoid contact with the objects, people, surfaces, et al.

Related link: https://hexgn.com/