How Consumers and Merchants Make Contactless Payments
If you have a virtual N26 Mastercard, you can make contactless payments by tapping it on the payment terminal. Consumers can also tap their cards on a digital wallet, such as Apple Pay or Google Wallet, to make contactless purchases. When a contactless payment is made, the card must be within close proximity of the payment symbol on the POS machine. The card will transmit data electronically and the system will notify the customer with…