Contactless Payment with Cell Phone

However, before we begin with our explanations of How to make contactless payments with your cell phone It's important to know how it works. On the other hand, mobile contactless payment is a payment method that uses NFC (Near Field Communication) technology to allow devices to communicate with each other when they are nearby. This means that if you have a compatible smartphone, you can make payments using just your cell phone.

Therefore, it is only necessary that your cell phone has the “NFC” option, without this it will not be possible to use your cell phone as an approximation payment. That said, we continue with this explanation, which is very important if you were thinking that this payment would be for an application that you installed on your cell phone. However, you who have this function will not regret reading this article.

Above all, in this article we will show you how to make contactless payments with your cell phone, using your cell phone approach, which is a payment method that uses NFC (Near Field Communication) technology to transmit information between your device and a payment terminal. . Consequently, the advantages are immense and I'm sure you already use the contactless payment method, whether by cell phone or card.

What are the advantages of contactless payment via cell phone?

Above all, mobile contactless payments are becoming increasingly popular, and it's no surprise. Contactless payments offer a series of advantages for consumers and in this topic you can see the best advantages of using contactless payments. 

However, the main advantage of contactless payment is simplicity. Paying with your cell phone is much easier than typing in a 16-digit card number and password. In addition, you can also use your cell phone to pay with NFC in physical stores, just approach the payment terminal with your phone.

On the other hand, another advantage of contactless payments is security. With contactless payments, it is impossible to provide your card details to a merchant without you explicitly authorizing the payment. This makes contactless payments

Among these, check out some of the main advantages:

• Speed and convenience: Contactless payments are quick and easy to use. You can pay without having to enter your card number or password, which means you can finalize your payments faster.

• Security: contactless payments are extremely secure. Transactions are encrypted and card data is never stored or transmitted, meaning there's less chance of your information being compromised.

What are the risks of contactless payment?

Therefore, contactless payments using a mobile device are becoming increasingly popular as stated above, as they are fast, convenient and secure. However, there are some important risks associated with this payment method that consumers should be aware of. 

Check out some risks of using contactless payment:

• One of the main risks is that contactless payments are based on Bluetooth technology, which can be intercepted by cyber criminals. 
• If your credit or debit card details are captured, criminals can use them to make online purchases or withdraw money from your bank account. 

Consequently, another risk is that some mobile devices do not have a PIN or biometrics lock, meaning anyone who has access to your phone will be able to make purchases using your details. To avoid these risks, be sure to keep your device locked with a PIN or screen lock of your choice.

How can I protect myself from contactless payment fraud?

Just as there are advantages and risks, you need to know how to protect yourself against fraud with this form of payment. Furthermore, to protect yourself against fraud when making contactless payments with your cell phone, it is important to take some precautions:

• Make sure your cell phone is up to date with the latest version of the operating system and payment application. This ensures you have the latest security features available.

• However, never use public Wi-Fi to make a contactless payment. These networks are not secure and other people can intercept the signal and access your information. Always use a secure internet-connected network, such as your cell phone provider's network.

• Before authorizing a payment, check that the device is close to the terminal indicated by the seller and confirm that the amount displayed is correct. Never authorize a payment without confirming these details first.

Meanwhile, at the end of this article you learned how it works, how to use it, the risks and advantages of how to defend yourself from scams. It's a super important article on the subject, I'm sure you would change the way you use this payment method.