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» Dividend Announcement
Yesterday at 7:20 pm by nihal123

» මූර්ත පොළියෙන් ශ්‍රී ලංකාව අංක 1ට – බ්ලූම්බර්ග් අනාවරණය කරයි
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» Obituary Notice.
Yesterday at 7:14 am by කිත්සිරි ද සිල්වා

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» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
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» MTD WALKERS - KAPI
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» විශිෂ්ඨ සිල්ලර වෙළෙන්දෙකුගේ ජීවිත කතාව
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» Flying is the Safest mode of Transport
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» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
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» SHL.N0000 (Softlogic Holdings PLC)
Mon Dec 31, 2018 6:04 pm by EBHRAHIMCANADA

»  වසරක කාලය තුළ ඉන්දියාවේ ඉහළම ආදායම් ලාභීන්
Mon Dec 31, 2018 2:47 am by nihal123

» අයදුමේ දී ඡායාරූප ‘ඇලවීම‘ අවශ්‍ය නැති ජාතික හැඳුනුම්පත ජනවාරි 01 සිට දිවයිනටම
Sun Dec 30, 2018 9:37 pm by lanka

» මැදපෙරදිගට පමණක්‘ පාස්පෝට් මින් ඉදිරියට නැහැ
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» BFN - Orient Finance
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» In the Meantime, Within Our Shores !
Thu Dec 20, 2018 9:44 am by කිත්සිරි ද සිල්වා

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Mon Dec 17, 2018 10:55 am by nihal123

» AINS - Arpico Insurance
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»  Rajgama heroes !
Sun Dec 09, 2018 9:43 am by කිත්සිරි ද සිල්වා

» BOPL.N0000 (Bogawantalawa Tea Estates PLC)
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» Sri Lanka economic slowdown trims company profits, bank earnings grow
Thu Dec 06, 2018 3:04 pm by nihal123

» Better Than Bitcoin
Thu Dec 06, 2018 9:42 am by කිත්සිරි ද සිල්වා

» Hutchison, Etisalat complete mobile networks merger in Sri Lanka
Wed Dec 05, 2018 9:30 am by The Invisible

» Oil prices surge more than 5-pct
Mon Dec 03, 2018 1:53 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
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» HAYC - Haycarb
Sun Dec 02, 2018 3:04 pm by xmart

» LGL Laugfs Gas
Fri Nov 30, 2018 9:43 am by The Invisible

» Oil prices gain as investors eye Fed relief on interest rates
Fri Nov 30, 2018 9:41 am by The Invisible

» ලැයිස්තුගත සමාගම් 8 ක් කොටස් ගනුදෙනු තහනම් වීමේ අවදානමක
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» අපි තනිකර ලෝකය දිව යන්නේ
Thu Nov 29, 2018 11:32 am by කිත්සිරි ද සිල්වා

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Is this True ?

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Is this True ?

Post by කිත්සිරි ද සිල්වා on Mon Nov 16, 2015 6:56 pm

Can someone with the knowledge explain please?

Is this True?
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කිත්සිරි ද සිල්වා
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Re: Is this True ?

Post by nis2008 on Mon Nov 16, 2015 7:08 pm

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Re: Is this True ?

Post by Market lover on Tue Nov 17, 2015 12:21 am

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 Smile

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Re: Is this True ?

Post by කිත්සිරි ද සිල්වා on Tue Nov 17, 2015 8:44 am

Enlightening and Thank guys. Very Happy
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