Whether you have an NFC payment app like Pomelo Pay or you’re utilising contactless technology that is native to your mobile, the security aspects remain the same. Yes, NFC mobile payments are in fact more secure than Chip and PIN debit card payments. We’ll likely see this payment method overtake cards due to its accessibility.
Not only that, but practically everyone already owns a smartphone. Having the option to take payment via NFC makes the selling process frictionless for customers. If you have NFC payments enabled on your card reader or phone, you’ll be able to accept all types of NFC mobile payments. There are other applications such as Visa payWave and Mastercard PayPass, which aren’t as commonly used. They can also use Google Pay to send money to friends and family. Customers pay by tapping on their phone through their Google Pay wallet.
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Apple PayĪpple Pay was introduced in 2014, and since the release of the iPhone 6 enables all its iPhones and Apple Watches to take contactless payments.Īpple comes with a Touch ID function as well as tokenisation (no card details are exchanged), making it one of the most secure contactless payments.įormerly known as Android Pay, Google Pay powers all android NFC mobile payments. When it comes to accepting NFC payments, there are several main applications that your customers will use: 1.
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