Sentences with phrase «field communication terminals»

Not exact matches

Many EMV terminals also come equipped with near field communication (NFC) technology which enables to devices in close proximity with one another to exchange information.

Apple Pay, MasterPass apps and various other mobile payment systems all need to use the near - field communications (NFC) chips in smartphones to make transfers with merchant terminals.

The company's mobile payment solution takes a two - pronged approach by combining a near - field communication (NFC) chip with the magnetic secure - transmission technology it acquired from LoopPay to transmit payment information between your device and a point - of - sale terminal.

EMV systems aren't that expensive, even those that can also handle the near - field communications (NFC) technology in ApplePay, but if you need to buy multiple terminals, it could add up to a large dent in your cash flow.

Today very few «cash registers» are set up to accept a phone instead of a credit card, and similarly only one widely available phone in the U.S., Google's Nexus S, is tricked out with the necessary chip for so - called Near Field Communications that the industry hopes to adopt as the standard for transferring data from phones to in - store terminals.

As such, the phone includes a NFC (near field communications) technology chip to enable wireless communication with posters, signs and point of sale terminals equipped with NFC sensors.

All the new devices certified by Visa host the Visa payWave application on a secure SIM card and feature NFC (Near Field Communication) technology, the short range communications standard that enables mobile phones to securely transmit payment information to a contactless payment terminal.

The tablet even has a chip for near - field communications, which means it can «talk» to some phones and store payment terminals when tapped against them.

Phones with NFC (near field communications) will be able to use this feature to pay by holding it near a payment terminal similar to how we can now use the paypass feature on our cards.

If you move your hand close to a near - field communications (NFC) based terminal, the app will immediately become active and use your primary credit card for payment — most likely the terminal's NFC radio «wakes up» the NFC chip along with the Pay app in the Watch.

Both the smartphones and the terminals must have near - field communication (NFC) chips that store payment credentials — something that limited the service to the new iPhone 6 and 6 Plus phones (unless you have an Apple Watch, it turns out).

From consumer electronics (CE) modules and M2M modules to smart metering communication hub, HUAWEI is showcasing its strength in the field of wireless terminals, as well as its entry into the M2M solutions field.

Unlike most of its alternatives, Samsung Pay utilizes both Magnetic Secure Transmission (MST) and Near Field Communications (NFC), making the service compatible with everything from modern to traditional payment terminals.

This service accepts NFC (Near field communication) payments at the tap to pay terminals and also Chip or Swipe payment terminals.

ApplePay supports the near - field communication (NFC) technology that requires users to touch a point - of - sale terminal with their smartphone in order to make a payment.

Like Apple's solution, Android Pay will allow Android phone owners to make quick mobile payments at terminals that accept NFC (Near - Field Communication) transactions.

Remember, Samsung's tap and pay solution is the only one of the three to support Magnetic Secure Transmission (MST) technology in addition to Near Field Communication (NFC) functionality, meaning it's accepted at a «majority» of Point of Sale terminals in India, many of which lack the former feature.