Because it is so
relatively effortless and removes much of the stress from shopping
it is believed this will result in more transactions being made.
magazine has produced an excellent online guide to the new technology
called “Contactless Payment Cards Explained”, which
has a handy question and answer section explaining the whole
concept. If the thought of adopting such a revolutionary new
and different method of shopping is a little daunting this will
prove to be more than offset by the simplicity of the experience
itself. As somebody has noted, it will be like buying bread
with an Oyster card.
of course some concerns regarding contactless payment cards,
and many of them revolve around security. Whilst cash can be
physically stolen from a person’s handbag or wallet, it
is recognised that there is the potential for RFID information
to be “hacked” whilst on the customer’s person
without the card itself having to be handled by the thief. Those
who have been charged with developing the contactless payment
technology are always looking for ways in which such a prospect
may be minimised, or preferably eradicated altogether.
security measures and the concept of contactless payment cards
explained properly to future users, there is every reason to
anticipate that this technology will find common usage over
a matter of the next few years. Contactless payment cards are
already used in thirteen countries including the USA and Australia,
and some 16 million contactless payment cards have already been
a contactless payment card today.