Contactless payments are a secure method of paying digitally. One can simply tap a debit, credit, smart card or any other contactless-enabled device to a POS terminal equipped with contactless payment technology, to complete payment.
Sujay Vasudevan, Head of Cyber and Intelligence Solutions, South Asia, Mastercard, says, “Contactless payments use radio frequency identification (RFID) technology and near-field communication (NFC) that enable touch-free transactions. Its no-touch experience
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