In short, we're talking
about a contactless payments system that uses stored - on - device credit card numbers, tokenization for secure one - time - use numbers, NFC transmission, and fingerprint authentication (the Galaxy S6's fingerprint scanner is larger this time around for an Apple - style «lay your thumb on it» approach instead of the previous frustrating swiping authentication).
You should speak to your card issuer if you have any concerns
about your contactless card or you want to know more about the security of this feature.
Not exact matches
«Ten percent of domestic transactions are
contactless... and that's going up
about 1 percent a month.»
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I recently ran across an article talking
about the advantages of «
contactless» credit cards that transmit your account information via Radio - Frequency IDentication (RFID).
Just
about all newly issued Mastercard credit cards make use of this technology that enables cardholders to make
contactless payments for purchases under $ 100.
Contactless payments are the future, there's no doubt
about it.
I'm curious
about the accuracy of a «
contactless breathing monitor,» especially since devices that make direct contact like smart socks and other wearables aren't proven to reduce the occurrence of Sudden Infant Death Syndrome, or SIDS.
However, since the USP of NFC is its ability to establish a «
contactless payments» system, how
about Sony's next - gen smartwatches being used as a substitute for credit cards?