The New Era of Contactless payment :How Tap and Pay is Transforming the Way We Buy Things
Contactless payment technology has seen tremendous growth in recent years. This tap-andpay method allows customers to simply wave their credit or debit card or mobile device near a payment terminal to complete transactions for amounts under $100. The underlying radiofrequency identification (RFID) technology has been around for decades but is now being widely adopted for retail payments. A key development that drove mainstream adoption was the introduction of European Contactless payment standard EMV Co's "PayPass" in 2006. This set a common set of technical specifications for contactless cards and terminals across different payment brands like Visa, Mastercard, American Express.
Get More Insights On Contactless Payments Market
https://www.zupyak.com/p/4...
Contactless payment technology has seen tremendous growth in recent years. This tap-andpay method allows customers to simply wave their credit or debit card or mobile device near a payment terminal to complete transactions for amounts under $100. The underlying radiofrequency identification (RFID) technology has been around for decades but is now being widely adopted for retail payments. A key development that drove mainstream adoption was the introduction of European Contactless payment standard EMV Co's "PayPass" in 2006. This set a common set of technical specifications for contactless cards and terminals across different payment brands like Visa, Mastercard, American Express.
Get More Insights On Contactless Payments Market
https://www.zupyak.com/p/4...
3 days ago
