What is a contactless card?
A contactless card is a physical card that is part of a contactless payment system that is more convenient than traditional point of sale systems where customers use standard debit or credit cards.
A contactless card has a built-in radio frequency module that enables processing without a magnetic stripe reader. As a result, the user does not have to swipe the card, but simply hold it near an RFID reader.
Contactless cards are a traditional part of certain shopping systems, such as motorway toll systems. Many companies also use contactless card systems for security, which allow an employee to unlock doors or facilitate security access by placing them near an RFID reader. However, these systems are now arriving in retail outlets to make shopping more convenient for the average consumer.