Contactless Technology definition
Examples of Contactless Technology in a sentence
The small value payment through the Contactless Technology may be done without the need to enter the PIN code and/or sign the receipt, which is issued as an option, depending on the settings of devices.
Subject to certain restrictions and limits, this allows you to enter into Card Transactions, with selected Merchants, without the requirement to enter your PIN, OTP or to sign, except where required for security reasons.Card Transactions effected via a Contactless Technology feature will be subject to any applicable maximum value per transaction (currently AED 100), any maximum number of transactions per day and any maximum cumulative value of transactions per day.
The Chip may be accepted by certain Terminals and where a Terminal does not accept the Chip, you may be able to effect Card Transactions by using the magnetic strip or Contactless Technology feature instead.
When presented with a Chip Card or Mobile Device to be read via Contactless Technology, you must: • Capture the Charge Data using the contactless reader; and • Obtain Authorization.
Card Transactions effected via a Contactless Technology feature will be subject to any applicable maximum value per transaction (currently AED 100), any maximum number of transactions per day and any maximum cumulative value of transactions per day.
When presented with a Chip Card or Mobile Device to be read via Contactless Technology, You must: • Capture the Charge Data using the contactless reader.
Customer Preferences for Contactless Technology in Hospitality: A Case Study of Macao.
On Consumer Perspective, the advantages of contactless technology are as follows :● Contactless technology eliminates the need to carrying cash on hand for purchasing.● Consumer has the control towards the transaction as well as the card.● Consumer does not have to surrender either card or his / her account information to an unknown third party for payment.Contactless Technology v/s RFIDBoth Contactless Technology and Radio Frequency Identification (RFID) tags use RadioFrequency (RF) as technology.
What is important for us at Outlay ApS (“Outlay”), that you as a co-operation partner feel comfortable with our processing of the personal data that comes into our possession when you do business with us.
In order to effect a Card Transaction and depending on the particulars of the transaction, you may be required to do any one or more of the following:• enter a PIN or an OTP when prompted;• physically sign for a Card Transaction;• use a Contactless Technology feature; and/or• any other actions required by ADCB from time to time.