contactless payments

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contactless payments

A payment method that transmits the user's bank or credit card data to a terminal via a radio frequency (RF) method. The primary contactless payment technology is near field communication (NFC), which is used by payments systems such as Apple Pay and Android Pay. See contactless and contactless smart card.
References in periodicals archive ?
But some critics say the same technology that makes these contactless payment devices easier to use also makes them more of a target for thieves.
Chase card services announced that it is introducing "Blink," a new faster, easier way to pay, using RFID chips and contactless payment systems.
PRAGUE -- Logomotion, a mobile payment solution provider, today empowers banks to offer full mobile contactless payment capability through the customers' existing handsets, with the simple insertion of Logomotion's secure near field communications (NFC) micro SD memory card, unveiled today at Mobey Forum's third 2012 Member Meeting in Washington DC.
Contactless Payment Market by Solution (Payment Terminal, Mobile Payment, Transaction & Data Management, Security and Fraud Management), Service (Professional, Managed), Payment Mode (Mobile Handsets, Smart Cards), Vertical - Global Forecast to 2021
Citibank UAE and MasterCard today launched contactless payment technology for Citi MasterCard credit cards in the UAE.
com)-- FEIG Electronics, a leading global supplier of RFID readers and antennas, and PureWrist[TM] have launched new contactless payment devices that are expected to revolutionize consumer purchasing experiences.
According to the payments vendor the Visa Express Lane checkout aisles will provide shoppers with increased payment speed at supermarket checkout lanes by integrating the user-friendly and secure Visa contactless payment solution into the express checkout process for both card and mobile payments.
UATP has partnered with contactless payment specialist, Paymagnet, to supply member airlines with the capability to accept contactless card payments directly within an airline's mobile app on any NFC-enabled smartphone, the company said.
The limit for making a single contactless payment was increased by PS10 in September 2015, to PS30.