Contactless payments are transactions made by tapping either a contactless card or payment-enabled mobile or wearable device over a contactless-enabled payment terminal. Cards, phones, watches, and other devices use the same contactless technology. When you tap to pay checkout is secure and convenient.
What payment methods are available for cashless & contactless payments?
More Recent Options For Cashless And Contactless Payments Debit and credit cards have become two of the most popular payment methods. Credit cards evolved from the tradition of vendors and suppliers allowing customers to receive items on credit with the expectation that the account balances would be paid in full within a specific time frame.
Should your business accept contactless payments?
There are a lot of benefits to accepting contactless payments at your business. Here are a few: Since they work with a one-time token, mobile payments and tap-and-go card transactions can be processed without storing sensitive information, like names, card numbers and security codes.
