Points and Convenience

MBNA is working with MasterCard International and the Seattle Seahawks and Baltimore Ravens Football Clubs to introduce MasterCard's contactless payment technology and the extra points credit card program to team stadiums. What that means for fans who are holders of PayPass is that they can tap the cards at special terminals to buy merchandise or refreshments and receive points for every dollar they spend. Points can then be accumulated to pay for team merchandise, VIP parking, season tickets and other sports-related goodies.

Copyright © 2005 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 15, No. 6, 7/05