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Contactless Payments
Contactless Payments

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!!! Overview
[{$pagename}] are Payment transactions that require no physical contact between the consumer payment device and the physical [POS Terminal].
In a contactless payment transaction, the consumer holds the [Contactless Card], device or mobile phone in relatively close proximity (for [NFC] less than 2-4 inches) to the [Merchant] [POS Terminal] and the payment account information is communicated wirelessly via [Radio Frequency] RF.
! Also known as:
* Contactless
* Contactless transaction
!! More Information
There might be more information for this subject on one of the following:
[{ReferringPagesPlugin before='*' after='\n' }]
This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop