How do contactless terminals work?
Contactless debit and credit cards have a NFC (near field communication) chip inside them that's picked up by our card machines and lets the card and the machine 'talk' to each other. This means that when your customer is ready to pay, they don’t need to insert their card into the machine and enter their PIN.
Instead, they present the card to the machine by holding it above the terminal screen, allowing the chip to send data to begin the transaction. Our card machines then pick up this signal and transmits the purchase information. Easy!
The popularity of contactless payments continues to rise. In fact, according to UK Finance, 19% of all payments were made via contactless in 2018, and that's predicted to grow to 37% by 2028.