What is Contactless Payment (Tap to Pay)?
Credit Card Glossary · Updated April 2026
A payment method that uses NFC (Near Field Communication) technology to complete transactions by tapping your card or phone on a payment terminal. Uses the same EMV chip security. Faster than inserting a chip card.
Frequently asked questions
What is Contactless Payment?⌄
A payment method that uses NFC (Near Field Communication) technology to complete transactions by tapping your card or phone on a payment terminal.
What does Contactless Payment mean on a credit card?⌄
A payment method that uses NFC (Near Field Communication) technology to complete transactions by tapping your card or phone on a payment terminal. Uses the same EMV chip security. Faster than inserting a chip card.
What terms are related to Contactless Payment?⌄
Closely related concepts include EMV Chip, Digital Wallet (Mobile Wallet). Each of these helps clarify different aspects of the same topic.
Where does Contactless Payment apply?⌄
Contactless Payment is a security concept. It typically appears in the context of fraud prevention and account safety.
More security terms
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