Contactless payments provide U.S. merchants and issuers with an opportunity to improve payments security, transaction speeds and the customer experience. With the move to EMV chip technology, the POS infrastructure can also be enabled to support contactless payments – which delivers a host of benefits to merchants, issuers and their customers.
The Smart Card Alliance Payments Council hosted a webinar on the opportunities that contactless EMV payments offer to issuers. The webinar answered the most important questions about the adoption of contactless payments, such as: how contactless fits into today’s payment industry; what is different from earlier adoption attempts; and why the ideal time to go contactless is now.
Webinar presenters were: Jose Correa, NXP Semiconductors; Oliver Manahan, Infineon Technologies; Nick Pisarev, Giesecke & Devrient; Jamie Topolski, Fiserv; Randy Vanderhoof, Smart Card Alliance