Thursday, August 26, 2010

Worrid About Credit Card Processing for Fast Food Restaurants?

credit card processing for fast food restaurantsWith all the new technology that has been released, it is no surprise that a contactless method of payment has emerged. Contactless payments are those that are made without having to actually slide the physical card. For example, machines that allow you to simply place the card over a sensor are considered contactless.

This form of payment has become extremely popular is fast food restaurants and "on the go" businesses. This method of transactions has actually changed credit card processing for fast food restaurants and other users. The device has become an extreme convenience.

However, the worries are that this is not a secure payment. A statement from the Smart Card Alliance said, "Contactless smart card technology includes strong security features optimized for applications involving payment and identities. Every day tens of millions of people around the world safely use contactless technology in their passports, identity cards and transit fare cards for secure, fast and convenient transactions. Multiple layers of security protect these transactions, making them safe for consumers and merchants. Some of these features are in the contactless smart card chip and some are in the same networks that protect traditional credit and debit card transactions."




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