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Is this True?
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3 posters
Is this True ?
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
nis2008- Posts : 283
Join date : 2015-05-28
aiyyo it's NFC(Near Field Communication ). ahuwenna epa owata
http://www.techradar.com/news/phone-and-communications/what-is-nfc-and-why-is-it-in-your-phone-948410
http://www.techradar.com/news/phone-and-communications/what-is-nfc-and-why-is-it-in-your-phone-948410
Market lover- Top contributor
- Posts : 595
Join date : 2014-10-15
Well its in existence in credit cards for almost 3 yrs now. Many foreign banks in some countries use this system in credit card payments where u just hav to tap the card near the terminal (in other words hold the card near to the terminal) for just 2 or 3 seconds for the transaction to be completed for an amount up to $100 maximum I believe. U don't hav to key in the pin or sign for the transaction.
Some people don't like this system and refrain from using these type of special cards instead they request for the normal credit cards to be supplied by the bank.
It's fast and convenient but security is bit of a concern.
Visa cards termed as "visa payWave" cards and master card termed as "PayPass" cards
Other option is if u hav a smartphone and hav the special app downloaded in it provided by the bank. That app will be linked to ur transaction account with the bank and all u got to do is tap ur phone near the terminal. That's it
Some people don't like this system and refrain from using these type of special cards instead they request for the normal credit cards to be supplied by the bank.
It's fast and convenient but security is bit of a concern.
Visa cards termed as "visa payWave" cards and master card termed as "PayPass" cards
Other option is if u hav a smartphone and hav the special app downloaded in it provided by the bank. That app will be linked to ur transaction account with the bank and all u got to do is tap ur phone near the terminal. That's it
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Enlightening and Thank guys. 
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