Contactless Payments

Contactless technology is being successfully used in a variety of applications and attention has now turned to applying it to payments. Contactless payments are designed to replace cash in society for low-value, high-volume transactions in a number of different types of outlets from convenience stores and coffee houses to transport networks. Trials have been conducted around the world and have sparked much media interest in this field which can utilise cards, fobs or now even mobile phones. However current usage remains disparate and consumers still have some concerns about the security of the