Description
Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near field communication (NFC, e.g. Samsung Pay, Apple Pay, Google Pay, Fitbit Pay, or any bank mobile application that support Contactless) for making secure payments. The embedded chip and antenna enable consumers to wave their card, fob, or handheld device over a reader at the point of sale terminal. Contactless payments are made in close physical proximity, unlike mobile payments which use broad-area cellular or WiFi networks and do not involve close physical proximity. Some suppliers claim that transactions can be almost twice as fast as a conventional cash, credit, or debit card purchase. Because no signature or PIN verification is typically required, contactless purchases are typically limited to small value sales. Lack of authentication provides a window during which fraudulent purchases can be made while the card owner is unaware of the card's loss. In 2012, MasterCard Advisors wrote that consumers are likely to spend more money using their cards due to the ease of small transactions.[1] MasterCard Canada says it has seen "about 25 percent" higher spending by users of its Mastercard Contactless-brand RFID credit cards.[2] EMV is a common standard used by major credit card and smartphone companies for use in general commerce. Contactless smart cards that function as stored-value cards are becoming popular for use as transit system farecards, such as the Oyster card or RioCard. These can often store non-currency value (such as monthly passes) in additional to fare value purchased with cash or electronic payment.
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I’d Tap That defined: Expression used to show interest or appeal in ones sexual appearance.
With a wide variety of funny original t-shirt designs – including 4xl tees for men and 4xl tees for women - Big Bad Tees T Shirts has some of the funniest novelty t-shirts ever. We also have hilarious hoodies and witty coffee mugs that you gotta have. For the most hysterical graphic tees on the planet, visit BigBadTees.com. Check back often – we have new funny shirts every week!
