Mobile and Retail Payment Solutions
NFC-based mobile payments offer many advantages to consumers, retailers and financial institutions alike. For consumers, mobile wallets provide a convenient, “tap and go” frictionless shopping experience, seamlessly integrating credit/debit cards, gift cards, loyalty points and coupons, while leveraging enhanced security features like multi-factor authentication and biometrics. For retailers, mobile wallets result in cost reductions and offer higher customer satisfaction through a frictionless check out experience and personalized recommendations. Finally, for banks mobile wallets result in enhanced protection from fraud and the ability to offer value added services.