Digitisation has had a lasting impact on customer expectations – especially when it comes to paying.
New technologies that create a modern, convenient and connected shopping experience are now a dominant theme across the payment and retail industry, and the focus is repeatedly on contactless payments.
With contactless payment, transactions are accepted at a payment terminal by simply holding up a chip carrier e.g. payment card. Communication is made possible by Near Field Communication (NFC) – the international standard for wireless data transmission over short distances.