CONTACTLESS PAYMENT

Contactless payment is now used in fast food chains, movie theatres and sporting stadiums where speed and convenience are the criteria. We see contactless payment as the way of the future in micro-payments where cash has dominated historically.

Contactless chip cards use radio frequency to communicate with a device or reader, without any contact with the card. Contactless can bring benefits to card associations as they increase the reach of their products, to card issuers aiming to differentiate their products and services, to merchants who can speed up transaction times and transaction values, and to card holders and customers who no longer need cash on hand and can speed less time waiting to pay for goods.

Our contactless products include:

  • Mifare
  • RFID conforming to ISO14443 and ISO15693
  • Contactless payment such as paypass or paywave
  • Dual Interface card for EMV payment

And is available in various forms such as:

  • Standard CR80 cards
  • Contactless tag/stickers
  • MC2
  • Mini Cards
  • Key Fobs
  • Wrist watches
 

Contactless payment using cards continues to account for the main bulk of contactless transactions, but NFC (Near Field Communication) is seen as the next step, using mobile phones to conduct contactless payments. These payment platforms represent the next stage of evolution for seamless advanced consumer payment systems (open-loop and closed-loop transactions) and other mobile marketing means such as product information, smart poster, couponing and rewards.

Talk to us about your requirements in NFC. We are able to offer you our suite of NFC solutions, from Trusted Service Manager (TSM) managed service, NFC payment application to Smart poster solution.