What is tap in ATM card?

The advent of contactless technology has revolutionized the way we make payments. With the inclusion of this feature in debit and credit cards, users can now effortlessly complete transactions with just a tap or hold NEAR a compatible merchant terminal.

The process is streamlined and efficient, eliminating the need for inserting the card into a machine or swiping it through a reader. Instead, encrypted card information is securely transmitted using near field communication (NFC) technology.

NFC technology is a form of short-range wireless communication that enables secure data exchange between devices located within a few inches of each other. In the case of contactless payments, it facilitates the transmission of card details from the card to the contactless reader on the merchant terminal.

The use of encryption ensures that the card information is protected from unauthorized access, making contactless payments a safe and secure option for consumers.

As more and more merchants adopt contactless technology, the convenience of making payments without the need for physical contact is becoming increasingly popular. From grocery stores to coffee shops, the availability of contactless-enabled terminals is growing rapidly.