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Can mobile phones be used for contactless payments?

April 26, 2017contactless mobile phones PAYMENTS Used

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Can mobile phones be used for contactless payments?

2 Answers

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The industry has already seen the first instances of mobile phones being used to conduct contactless payments. Several pilots have been launched in the U.S. and in other markets around the world. Typically, these offerings leverage Near Field Communication (NFC) technologies to deliver contactless payment capabilities. For more information about mobile payments, please see the Smart Card Alliance report, “Mobile Payments at the Physical Point-of-Sale: Assessing U.S. Market Drivers and Industry Direction”. For more information regarding NFC, please review the resources of the NFC Forum available at http://www.nfc-forum.org.

0

Posted

The industry has already seen the first instances of mobile phones being used to conduct contactless payments. Several pilots have been launched in the U.S. and in other markets around the world. Typically, these offerings leverage Near Field Communication (NFC) technologies to deliver contactless payment capabilities. For more information about mobile payments, please see the Smart Card Alliance report, “Mobile Payments at the Physical Point-of-Sale: Assessing U.S. Market Drivers and Industry Direction.