1 / 5

What-is-tap-and-pay-and-how-does-it-work_

Tap and Pay is a form of contactless payment that allows you to use your smartphone or smartwatch to make payments instead of using cash.

mark114
Download Presentation

What-is-tap-and-pay-and-how-does-it-work_

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. What Is Tap and Pay and How Does It Work? Tap and Pay is a form of contactless payment that allows you to use your smartphone or smartwatch to make payments instead of using cash. It’s similar to the technology used in contactless credit cards and debit cards, but with even more convenience.

  2. To use Tap and Pay, most smartphones require two components: The near-field communication (NFC) chip and a mobile wallet. The NFC chip allows your phone to communicate with the payment terminal, while the mobile wallet is an app that stores your payment information – like credit card information or bank details.

  3. Once you’ve installed the necessary components, using Tap and Pay is simple – just hold your phone near the contactless payment terminal to make a payment. The data is transmitted via NFC, and your card details are verified by the terminal’s secure system. Tap and Pay can be used for both in-store and online purchases, making it a convenient way to pay for your everyday purchases without having to carry cash. It’s available at many stores, restaurants, and other places that accept contactless payments.

  4. Tap and Pay is a fast, secure, and convenient way to pay for your purchases without having to worry about carrying cash or credit cards. With its rapid adoption globally, it will soon be the preferred payment method of choice. So, the next time you’re out shopping, why not try Tap and Pay? You may never go back to carrying cash again.

  5. https://www.hostmerchantservices.com/

More Related