Before telling you how do contactless cards work, I would like to share with you the meaning of contactless cards. Contactless cards are secure, easy payment methods which use Radio-Frequency Identification (RDIF) technology. This card helps users transfer money to a bank account with a few taps or wave the card to the card reader. Contactless cards can be both credit and debit cards. The contactless card comes with an EMV chip, credit or debit card number, expiration date, security code and magnetic stripe.
To get home loans at the lowest interest rate check out NoBroker home loan services! Pay your utility bills using NoBroker and earn surprising cashbacks and rewards!Now that we know the meaning of contactless cards let us learn how do contactless credit cards work.
How do contactless payment cards work?
Both Visa and Mastercard work the same way. So, read on to know how do contactless cards work.
Search for the contactless symbol on the card reader. There will be four curved lines appearing on your card which should also be appearing on the contactless-enabled card reader.
After the prompter, hold the card one or two inches from the contactless symbol.
After the approval, you will receive confirmation through a beep, green light or check mark.
You can use a contactless card anywhere you want. It is a secure mode of payment and you can use this card as many times as you want.
This is the process of how do contactless cards work. I hope you find this informative.
Read more:
What is contactless card
Your Feedback Matters! How was this Answer?
NoBroker Cash Loans
✔
Max Funding✔
Lowest Interest Rates✔
Quick Sanction✔
Doorstep Assistance✔
No Hidden Charges
Get Cash Loan
Apply Now

Know your Borrowing Capacity
Check Eligibility

Compare Loans
Calculate Your EMI Now
Related Questions
Leave an answer
You must login or register to add a new answer .
How do contactless cards work?
Mahasweta
134 Views
1
2 Year
2022-08-23T10:41:39+00:00 2022-08-24T18:06:31+00:00Comment
Share