Payment card manufacturer Dynamics Inc. has purchased a state-of-the-art facility in the Pittsburgh area that will serve as its world headquarters.

The 115,000 square foot facility will contain approximately 100,000 square feet of conditioned clean room engineering and manufacturing space. Dynamics plans to configure part of the space to be able to offer card issuers personalization of its next-generation magnetic stripe cards under the Visa, MasterCard and American Express networks. The building will also contain Dynamics’ administrative and R&D departments.

MasterCard’s PayPass contactless payment feature may soon be presented to the Azerbaijan market of cashless payments.

According to a recent MasterCard study, 75% of the local residents said they would like to use contactless payment cards in supermarkets and 60% to pay public transport fare. When asked which devices, in addition to a plastic card, it would be convenient to make payments, 86% of respondents said they would like to use their mobile phone.