Contactless payments are transactions made by tapping either a contactless chip card or payment-enabled mobile or wearable device over a contactless-enabled payment terminal. Cards, phones, watches and other devices use the same contactless technology.
Contactless payments can both improve your checkout experience and may also increase customer satisfaction and help boost store loyalty. Because your business engages directly with customers at the point-of-sale and in your marketing and advertising, you play a critical role in helping create a positive contactless payment experience.