Creditz Digital currency adds RF to loyalty scheme
?Creditz, the exclusive Canadian licensee of Creditz Digital Currency, is to add a contactless, Radio Frequency Identification application to its electronic micro-payment and loyalty system with a view to increasing transaction times.??
David Vaters, founder of the Creditz System, stated, “With Creditz RFID consumers can sign up free, get paid to shop and will be able to enjoy the speed, convenience of contactless payments. As the first payment system designed for the 21st century digital economy, we are pleased to be able to integrate RFID into our micro-payment, loyalty and marketing solution for merchants and their customers.
“ Vaters added, “We have been developing the micro-payment capability of the Creditz System and now we are ready to market and deploy in an exponential way with payment industry partners in Canada.” He further added, “The system allows for the efficient purchasing of items under $5.00 at retail, so quick service restaurants, convenience stores and municipal transportation systems are a natural fit for our new capability.”