Contactless Payment Readers
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Today, millions of consumers all over the world are already using contactless credit and debit cards to make quick and easy payments by merely tapping their cards at hundreds of thousands of enabled point-of-sale locations.
Very soon these consumers will be using their NFC mobile phones to make payments and redeem coupons at these same locations. Consumers will be able to easily download credit, debit, or gift card and data into their mobile phones by just pressing a few buttons. Card information will be securely downloaded over the air (OTA) and safely stored in their mobile phones using latest cryptographic, authentication, and wireless communication technologies.
Adding contactless payment to the point-of-sale offers significant advantages for quick service restaurants, drug stores, supermarkets, gas stations, movie theatres, sports venues and other establishments where speed and convenience are crucial to maintaining customer loyalty and maximizing revenue during peak hours.
