Q: Tell us about PayPass, which you began testing in Orlando, Fla., late last year.
A: We have 61 merchants and 16,000 cards out there circulated by Citigroup, J.P. Morgan Chase and MBNA. ... When you go to a McDonald`s or a Loews Theater or Dunkin` Donuts, you just tap the card on a reader and go. You don`t have to wait to check that you have the amount and then sign.
We`re right in the midst of gathering the data and tabulating the results.
... It looks like the dollar amount, on average, and the number of times the card has been used are significantly above the norm. I`m hopeful that you will see it roll out nationally soon.
