What is Contactless Payment Terminal technology? (Tap & Pay)
Contactless Payment Terminal is the newest technology for merchant processing.
If you have a "fast service" retail operations (Gas Station, Coffee House etc.) and have a lot of small ticket sales of $25 or less? Then a "Tap & Pay" device may be the technology to speed up your retail operations.
"Tap & Pay" technology is sometime called a "fast pay" where the customer waves a device over the terminal to quickly pay for services. These devices us smart chip technology, otherwise known as RFID (radio frequency identification), is supported by a secure controller, internal memory, and a small built-in antenna that transmits information to a reader through radio frequency. These devices are often used in Gas Stations and Convenience Stores.
