How does it work?
Accept payments as easy as 1-2-3
Merchant asks to make a contactless with a: Contactless credit, debit, or prepaid chip card with the Contactless Indicator icon. Smartphone orwearable device with NFC mobile payment capability enabled
Tap the card, smartphone or wearable device to the NFC reader’s field of the SoftPOS device
When payment is authorised, sounds and haptic are played
Examples of Common Contacless Payment Points
As the use of contactless and alternative transaction methods is growing, in the future it will be possible for certain groups of merchants to refuse completely from the terminals of individual mobile devices and assign functions to read contactless cards to mobile devices. Currently suitable for Visa and Mastercard across the UK and Europe.
How does transaction flow work?
Interoperable Acceptance via Terminals- Mobile phone will send he transaction to acquirer's back-end which in turn route the transaction to the network based on the card.
Paymob Mobile App
Demo video by Paymob