Contactless payments allow consumers to purchase products or services without ever swiping or inserting a debit or credit card. Instead, it uses NFC, or Near Field Communications, between the POS device and the customers’ card or smartphone to complete the purchase. Consumers typically make contactless purchases in Grocery stores, pharmacies, and retail stores. Without having to enter a pin or swipe, shoppers find that contactless payments are more convenient and quicker than other payment methods. 70% of US merchants experience customers requesting contactless payment options. If you are interested in learning more about the advantages of using contactless payments, consult the infographic below.
Infographic created by Clover, a
retail POS system company