Near Field Communication (NFC) is a short-range wireless technology that allows devices to exchange information quickly at close proximity. It allows customers to pay simply by waving or tapping their NFC-enabled card or mobile device (also known as “Contactless” payments or “Tap to Pay”). NFC-enabled transactions utilize the same underpinning and security as EMV™ chip transactions.
Articles in this section
- What is Apple Pay?
- What is the Personal Guarantee?
- How are EMV transactions different?
- Why do merchants have to worry about counterfeit, lost or stolen card fraud?
- What happens if merchants don’t upgrade their POS system to EMV?
- Who is enforcing EMV?
- Am I required to support EMV?
- What does the liability shift mean?
- What is the timing for EMV in the United States?
- What determines whether an EMV card is Chip and PIN or Chip and Signature?