Contactless definition

Contactless means a payment feature that provides You with a way to pay by tapping the Card on a point–of–sale terminal reader for transactions of up to a specified limit.

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Contactless means a payment method which may be offered by a Retailer for completing transactions. This payment method uses Near- Field Communications (NFC) meaning the Card is held close to the card reader rather than inserted into a POS terminal.

Contactless means a Card payment method which utilises Near Field Communication (NFC) which allows the Card to be read when it is held close to the card reader associated with an acquiring device (e.g. ATM, point of sale terminal), without the need for the Card to make physical contact with the acquiring device or its card reader, or for the Card to be inserted into wither of them.

Examples of Contactless in a sentence

• Contactless transactions are effected when the Cardholder holds the Card in front of a contactless EFT/POS terminal and the Card is recognized and the transaction recorded.

• If the contactless transaction amount exceeds the limit notified to the Cardholder upon filing the Card application or in the letter accompanying the Card (the "PIN-free Contactless Transaction Limit" or the "Limit"), the Cardholder is required to type the PIN or sign the receipt issued by the respective contactless EFT/POS terminal to approve and complete such transaction.

• Certain merchants may require a signature or PIN with Contactless Card based transactions.

• When carrying out contactless transactions within the PIN-free Contactless Transaction Limit, the Cardholder approves and accepts, without typing the PIN, the transaction each time performed as above, and authorizes irrevocably the Bank to debit the Card with the nominal value of the respective transaction and to pay to the retailer/firm, on his behalf, the amount recorded on the receipt issued by the terminal thereat.

More Definitions of Contactless

Contactless means a payment method which may be offered by a Retailer for completing transactions. This payment method uses Near-Field Communications (NFC) meaning the Card (or a device on which you have registered a Digital Card) is held close to the Card reader rather than inserted into a POS terminal.

Contactless means a payment feature that provides Tide Cardholders with a way to pay by tapping the Tide Card on a contactless point-of-sale terminal reader, for Tide Card Transactions of up to £30 (as amended from time to time).

Contactless means a payment method to pay for

Contactless means a payment method which may be offered by a Retailer for completing transactions. This payment method uses

Contactless or ‘Contactless payment’ means the feature enabled with Visa payWave for contactless payments. Visa payWave is a technology that allows contactless payments on your credit card. Under contactless payments, you are not required to input your PIN at the Point of Sale (POS) terminals that supports contactless payments up to the pre-defined limits set on your card.

Contactless means a payment feature that provides You with a way to pay by tapping the Card on a point–of– sale terminal reader for transactions of up to a specified limit.

Contactless means a payment method which may be offered by a Retailer for completing transactions. This payment method uses Near-Field Communications (NFC) meaning the Card (or a device on which you have