contactless payments
No-touch card purchases
Contactless payments are transactions completed by tapping or waving a card, phone, or other device near a payment terminal rather than inserting a card or handling cash.
The technology uses near-field communication (NFC) or radio-frequency identification (RFID) to transmit payment data wirelessly: The café only accepts contactless payments.
The method became widespread during the COVID-19 pandemic as a way to reduce physical contact.
- Apple PaySmartphone payment system
- mobile paymentsPurchases via portable devices
- mobile walletPhone-based payment system
- contactlessRequiring no physical touch
- point of saleTransaction completion location
e-wallet · digital wallet · digital wallets · credit card · biometric verification · two-factor authentication · prepaid cards · near field communication · tokenization · smart cards · debit cards · secure · transaction · proximity · tap · touchless · checkout · wave
- digital economye-commerce, digital payments, online shopping, digital marketplace, digital markets
- fintechfintech, mobile banking, digital wallet, digital wallets, digital payments
- digital servicese-signatures, e-billing, e-statements, e-government, e-governance
- Electronic Paymentswire transfers, direct deposit, mobile payments, digital payments, PayPal
- mobile commercem-commerce, mobile commerce, mobile payments, mobile checkout, digital wallets
- Visa/Cardscredit cards, debit cards, prepaid cards, gift cards
contactless paymentscash transactions
Purchases made with bills
paper money · coins · hard currency · banknotes · legal tender