U.S. Bank has introduced the MasterCard PayPass VITAband, a wristband that makes use of contactless payment technology.
The VITAband also links to a customisable emergency response profile that provides medical professionals with fast access to critical medical information in the event of an emergency. U.S. Bank employees began testing the wristband in multiple states in the second quarter of 2011. All transactions for the initiative are processed by FIS.
"VITAband is great for sports enthusiasts or people who are on-the-go and don't want the hassle of carrying cash and identification. It provides contactless payment functionality, along with access to emergency contact and medical information, all in one convenient wristband," says Beth Blaisdell, senior vice president at U.S. Bank Payment Services. "Listening to and understanding the financial and personal needs of our customers inspire us to offer unique and powerful new products like the VITAband."
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