Search
Generic filters

Suggested search terms: geniusvx520ictbank accountfees

Articles tagged: contactless

What is a mobile wallet?

A mobile wallet is an application that a customer uses to store their payment card details on a mobile device. Examples of mobile wallets include the following: Google Pay Apple Pay Samsung Pay The customer can then use their mobile device to make contactless payments by tapping their device on your payment terminal. Read more

What is a contactless payment?

A contactless payment is a secure way for a customer to pay for goods and services by tapping their compatible card or mobile device on your payment terminal. The customer doesn’t need to insert or swipe their card and they don’t need to enter their PIN. Read more

How does EMV help to prevent fraud?

During an EMV transaction the chip on the card creates a unique code that the card issuer authenticates before they approve or decline the transaction. This makes it difficult for fraudsters to copy and use the card’s data because the unique code won’t work for another transaction. Read more