NFC payment apps are taking over the world as making online payments is rapidly evolving. It is also changing the the landscape of how we pay for products in shops.
We’re witnessing new technologies with time, especially in the global pandemic where the whole world is practicing social distancing, such non-touch technologies turn out to be a significant advantage.
But what do you say about contactless payments? If you’re not aware of NFC, the latest technology is growing in much of Europe, Canada, and Asia.
Let’s learn more about such contactless payments in this article.
What is NFC Payment and How does it Work?
So what is NFC Apps ? NFC is an abbreviation for Near Field Communication Apps. It is a technology enabling mobile phones to identify each other and then allows them nearby to communicate without internet access. It’s easy, quick and works automatically.
According to a report, there will be 1.6 billion NFC - enabled devices by 2024, and the total market value will reach $47 billion by the same year. Many retailers in North America already accepted various digital payment methods such as Apple Pay, PayPal or MasterCard PayPass.
As the number of businesses recognizing NFC Payment apps grows, so too does the number of apps. So let’s look at the security benefits of each one in detail.
Looking for Exclusive Mobile App Services?
GET A QUOTE NOW
7 Most Popular NFC Mobile Payments App in 2023
1. Apple Pay App
The app has been around since 2014. You can use it to pay in shops, and if you own a Mac, you can also use it for making online payments. Like many apps, Apple Pay’s major security safeguard is tokenization. Instead of saving your real credit card numbers on the system, the app makes virtual accounts numbers, preventing hackers from stealing your information.
NFC technology also supports the Apple watch that uses the cards added with the Apple wallet.
2. Google Pay App
Google Wallet and Android pay are now part of Google Pay which rolled out in early 2018 and comes preloaded on all Android smartphones. It is primarily for Android users but works well with iOS and the web too.
The payment app allows almost any debit and credit card. The translation process is straightforward. Users can tap and pay and make in-app payments easily.
With this app, users can initiate payments at an E-commerce site, retail stores, inbuilt mobile apps, and across the various vending machines. One of the best NFC Payment apps is all set to redefine e-wallets.
3. Samsung Pay App
Samsung Pay App is an excellent method to devise the tap-an-app concept for online payments. The app sought to challenge the leading NFC apps like Apple Pay and Android Pay. Curating minds lead to the induction of innovation in NFC techniques to set a new portal for payments in all Samsung devices.
Not just effective across apps, or retail stores, the Samsung App is one of the top 5 NFC payment apps and holds greater compatibility with magnetic strips.
Create Your Own Mobile App
GET A QUOTE NOW
4. Paypal App
You can now pay anyone in the world with PayPal App. Over a decade, it has become a big name in online payment providers and is used widely for online purchases and transactions.
The app is integrated with Apple Pay and Google Pay, allowing you to transfer money globally using the PayPal mobile application securely.
Despite its popularity, many retailers do not widely accept it due to the lack of support for NFC with the PayPal app.
5. Visa payWave App
Visa payWave App is the newest secure NFC Payment app. It will help you invest less time at the cash counter and give you the freedom to do the things that matter most to you.
Visa payWave contactless cards are as protected like any other Visa chip card. In addition, they bring the same several levels of protection, which helps to ensure that you are safe from fake or unexpected dealings.
6. MasterCard PayPass App
Use your contactless-enabled Master credit cards or system wherever you see the universal contactless icon for easier payment. It’s even quicker than struggling with money, best suited for heavy-cash environments.
Contactless NFC App is approved globally by suppliers such as fast-food restaurants, drug stores suppliers, shopping and convenience stores, and transit locations. You’ll even find contactless in taxis and at vending machines.
7. Venmo App
Venmo is another mobile app like Google Pay and Apple Pay which offers convenient payment options for users.
PayPal owns the app. It allows sending funds to friends and family, shopping online, and even split payment options are available in the application. One can even connect the app with their Facebook account as the app allows some unique features to add notes with emojis and share stories with friends.
Conclusion
The trend of NFC is rapidly increasing as many buyers started using this, and merchants also get equal benefits from it. The digital transformation has changed the world, and every startup has adopted contactless payment systems.
So get in touch and integrate the NFC Payment system or build your own NFC Mobile app With us.
SEE ALSO : Best Marketplace Payment Solutions
So this is the trend, digital transformation have change the world and every startup have adopted contactless payment systems. Get in touch and integrate payment NFC Payment system or build your own NFC Mobile app With us.
