The technology predominately used for contactless payment systems that she will investigate is Near field communication (NFC).
The phrase "contactless payment" refers to a safe way for customers to buy goods or services using a debit, credit, smartcard, or other payment method. It does this by utilizing near-field communication (NFC) and RFID technology.
The contactless payment technology used by this method of payment is activated by tapping a credit card or other object against a point-of-sale terminal. According to some banks and merchants, contactless payment is also known as tap-and-go or tap.
Consumers can use their debit or credit cards equipped with RFID technology, also referred to as chip cards, or other payment methods to make purchases using contactless payment without having to swipe, enter a PIN, or sign a receipt.
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