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 ...

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 ...

“The whole business model of merchants is to accommodate all payment types in order to grow their ... out what it referred to as the largest NFC deployment in the United States, with Softcard ...

U.S. Bank is leveraging NFC technology as a way to let consumers pay for everyday purchases with their iPhone 4 and iPhone 4S devices. Customers with a U.S. Bank FlexPerks Visa account who opt-in ...

make payments using NFC with their devices. Apple Pay is also available in apps and on the web on the iPhone, iPad, and Mac. Apple Pay is Apple's mobile payments service that initially launched in ...

Visa Inc. has launched the world's first commercial mobile payments service for point-of-sale transactions using Near Field Communications technology. The service marks the first time consumers can ...

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.