Lo-Q partners with MasterCard

Lo-Q, an online queuing system, and MasterCard have agreed to develop a contactless payment solution for theme parks. The agreement between the companies will last three years and is expected to increase Lo-Q’s market value over the long-term. The companies will combine MasterCard’s PayPass payments technology, which allows users to checkout using their mobile phones, with Lo-Q’s virtual queuing software to decrease the wait time in theme parks and other attractions.