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 the near field communication (NFC) in chip cards that is used with payment systems such as Apple Pay and Android Pay. See EMV, contactless and contactless smart card.
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References in periodicals archive ?
'We have seen strong growth in contactless payments in the Philippines, especially with partnerships with key merchants such as SM and Robinsons who have implemented contactless payments across their stores in the Philippines,' Wolbert added.
"Contactless payments in the Philippines are starting to take off and we have been working on expanding our contactless acceptance footprint in the Philippines.
The launch of contactless payments in Miami builds off the work Mastercard is doing to transform transit ticketing in more than 20 U.S.
All scheme cards (Mastercard, Visa and AMEX) are accepted, and commuters using contactless payments will now also receive the Opal travel benefits, including:
Greater Manchester Mayor Andy Burnham said the introduction of contactless payments marks the first step towards Our Network - the 10-year plan to improve transport across the region.
The end of July will see all other bus operators start accepting contactless payments.
The end of July will see all other bus operators start accepting contactless payments. The move comes after the Liverpool City Region Combined Authority earmarked [pounds sterling]1.05m from the Transforming Cities Fund (TCF).
On Wednesday, June 26, Slovakia joined the 40 countries where this contactless payment technology for Apple devices has been already launched.
Parking is set to become simpler thanks to a council's contactless payment trial.
Contactless payments took off in 2015, with Transport for London pioneering the technology by allowing Londoners to tap their debit cards at Tube entrances.
According to Banking & Payments Federation Ireland (BPFI), consumers made close to one million contactless payments per day in 2018.