A complete package for increasing your conversion rate: payment acceptance and processing, incl
What role does provisioning play in NFC payments?
In connection with payments via near-field communication (NFC), “provisioning” means placing card data on an NFC-enabled smartphone so its user can make mobile payments. The card data is stored in a secure place like the phone’s SIM card.
- Enables mobile payments at a point of sale (POS).
- Permits contactless payments with a debit or credit card.
- Involves close-range wireless communication between devices.