Fandom

The IT Law Wiki

Contactless payment system

32,169pages on
this wiki
Add New Page
Talk0 Share

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.

Definition Edit

A contactless payment system is a credit card, debit card, key fob, smartcard or other device that uses radio-frequency identification for making secure payments. The embedded chip and antenna enable consumers to wave their card or fob over a reader at the point of sale. Some suppliers claim that transactions can be almost twice as fast as a conventional cash, credit, or debit card purchase.


This page uses Creative Commons Licensed content from Wikipedia (view authors). Smallwikipedialogo.png

Also on Fandom

Random Wiki