Do you currently accept credit cards?
In today’s society, technology has become a crucial part of living. With the mobile payment industry evolving and gaining traction, the integration of Near Field Communication (NFC) technology for merchants will soon be an added necessity for customer convenience. NFC technology enables authentication of cardholder data through radio frequency without physical contact between the payment card/device and the point-of-sale terminal. NFC allows cardholders to easily pay without the hassle of having to swipe or hand over their payment card. Several major tech companies have developed NFC software for processing, including Apple Pay, Google Wallet, PayPal, etc. With over 300 million NFC devices already sold on the market, there is no doubt that mobile payments will soon become a fundamental key to merchant success.