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කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
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Age : 66
Location : රජ්ගම

Is this True ? Empty Is this True ?

Mon Nov 16, 2015 6:56 pm
Can someone with the knowledge explain please?

Is this True?
nis2008
nis2008
Posts : 283
Join date : 2015-05-28

Is this True ? Empty Re: Is this True ?

Mon Nov 16, 2015 7:08 pm
Message reputation : 100% (1 vote)
aiyyo it's NFC(Near Field Communication ). ahuwenna epa owata

http://www.techradar.com/news/phone-and-communications/what-is-nfc-and-why-is-it-in-your-phone-948410
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Market lover
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Is this True ? Empty Re: Is this True ?

Tue Nov 17, 2015 12:21 am
Message reputation : 100% (5 votes)
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
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
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Is this True ? Empty Re: Is this True ?

Tue Nov 17, 2015 8:44 am
Enlightening and Thank guys. Very Happy
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