Contactless Payment and Near-Field Communication Speed Up Transactions

ElitePay Global of Henderson, Nevada, provides a wide variety of payment solutions for businesses. To serve the needs of its customers, ElitePay Global sells a variety of point-of-sale equipment from brands like First Data, Verifone, Ingenico, and Clover. These payment-processing terminals are capable of accepting payment through standard card-swiping methods as well as contactless payment and other advanced methods.

Contactless payment is a relatively new payment option that is now available at many major retailers and businesses in the United States. Rather than swiping a card, customers who use contactless payment only need to hold their cards near a sensor on a point-of-sale device. In addition to contactless card payments, some point-of-sale terminals are also capable of receiving payments directly from mobile phones via Near-Field Communication (NFC).

Using contactless and NFC payments allows customers to complete their transactions more quickly, which is convenient for them and also beneficial to businesses. Major credit card companies, including Visa, MasterCard, American Express, and Discover, have all issued contactless cards to their customers.