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Traditionally, the term “contactless payments” referred to EMV payment solutions based on near-field communication (NFC) technologies. Almost every payment card or app user nowadays is familiar with such technologies as Visa payWave or MC PayPass, not to mention Apple Pay and Google Pay. From cardholder’s perspective it is easy: you just “tap” the terminal with […]

Date posted: May 5, 2020 | Author: | Comments Off on Contactless Payments for Contactless Times

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EMV fallback transaction is an important concept, allowing companies, which accept card payments, to make the process of handling of EMV cards more flexible. EMV standard was introduced to make card payments more secure. However, in some cases EMV card chip cannot be read by the payment terminal. For instance, either the chip itself or […]

Date posted: September 19, 2018 | Author: | Comments Off on EMV Transaction Fallback

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