Near-field communication enables 2 electronic devices to communicate with each other in close proximity using radio frequency. Here are some of the ways cardless ATMs connect your information to the ATM: Near-Field Communication (NFC) We support tokenization of Near Field Communication (NFC) and eCommerce transactions through the On Behalf Of (OBO) tokenization functionality of both VISA® and Mastercard®.Cardless ATMs rely on different types of technology in order to verify your identity and allow access to your bank accounts.
Our mobile payment technology is compatible with Apple Pay™, Samsung Pay™, and Google Pay™, offering your cardholders credit cards and debit cards that are eligible to be added to a digital wallet so they can make purchases both in-app and at the point of sale with their smartphone. Each tap-and-go card, whether vertical or horizontal, is customized with a design that reflects your brand or preferred look and feel. When your financial institution offers contactless cards, it gives your cardholders faster transactions and the ability to make purchases without having to touch their card to a terminal at many retailers. With contactless cards, cardholders can swipe, insert or tap their card depending on the payment method offered by merchants. TransFund’s dual interface contactless cards combine the security of EMV with the speed and convenience of tap-and-go payments. Evolve with technology and transform how your cardholders pay in-store and online with contactless payments.īy partnering with TransFund, you can offer your cardholders a safer shopping experience that addresses health concerns and provides better security against counterfeit, account misuse, and other forms of fraud.Ĭontactless payments can be made with “tap-and-go” card products or as part of a consumer’s overall digital wallet.
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