Advantages of Using Contactless Bank Card

Contactless payments have become so popular that now one in three card paymentsis contactless. It is getting more and more popular in our dynamic world becausepayment technologies have rapidly evolved. Aside from contactless credit and debitcards, you can also make payments using smartphones and smart watches. While using contactless cards, we need not swipe the card in a card reader machine.It works just by positioning the card near the card reader machine. So any physicaltouch is not required between the card and the machine.

• Contactless cards work faster than credit and debit cards.

If you want to look at the numbers, here is where this technology is taking us in our need for speed (average transaction speeds):

1. Contactless credit card transaction: 15 seconds
2. Magnetic strip card transaction: 25 seconds
3. Cash transaction: 34 seconds

• The NFC technology can be linked to mobile phone applications also so that we can move our mobile phones around the card reader machines in order to make a payment.
• Save your time. You also do not  need to take your contactless bank card from wallet.

• Contactless payments use encrypted data and the chip within a credit or debit card transmits a unique transaction number, making it almost impossible for thieves to access or steal your information.  For this reason,it is a safe payment method.

• You do not have to worry about typing errors in PIN code and your bank card would be blocked or abolish by bank terminal.

You need to contact your bank to get your contactless bank card. Could you mention more advantages of using contactless bank card?x
Advantages of contactless bank cards:x