This type of bidirectional communication is very ... or public key cryptography. For contactless payments, the NFC reader initiates a secure channel and exchanges cryptographic keys to ...

Mastercard is testing a new service that enables cardholders to simply tap their contactless bank card to their NFC ...

Public transportation users in the greater Philadelphia and Seattle regions will soon be able to pay for their fares using their contactless bank card or NFC device.

Contactless payments are growing in popularity. Often the term will bring to mind the ability to pay by holding your phone over a reader, but the system can also use NFC tags embedded in credit ...