Learn how to turn your cell phone into a card machine for contactless payments. Many companies are investing in this payment trend.
PagBank has announced the launch of a solution that transforms your cell phone into a card machine. The feature is called Tap On and will allow merchants to accept payments using Android phones.
According to the company, as a market differentiator, the solution will be integrated into an app with more than 40 business management functions, such as inventory control, creation of payment links and document issuance.
Integrated with the PagVendas app, Tap On allows contactless credit and debit payments using physical cards, digital wallets and smartwatches. Several credit cards and digital wallets are accepted. The service will be rolled out to commercial establishments gradually.
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Tap On
The feature accepts Elo, Mastercard, Visa and Amex card brands, as well as digital wallets. Apple Pay, Google Pay and Samsung Pay, which allow users to make payments via their cell phone, without needing a regular physical card.
The product is a trend in the payments area. As a result, companies such as Stone, Nubank, SumUp, Cielo, Mercado Pago and Gertec have already launched similar products for their customers.
This Tuesday (19), Apple PagBank Inc. announced the arrival of the Tap to Pay payment service in Brazil, allowing contactless payments with iPhone. According to the company, CloudWalk already offers the service in Brazil and it will soon be available to other acquirers. In a statement, PagBank's executive director of Acquiring Products, Angelo Aguilar, says that the company chose to launch the solution only when it was fully complete for entrepreneurs.
According to him, the objective is to ensure that the customer has more time to focus on sales, offering an easy and uncomplicated payment solution, directly on the cell phone and integrated with an application, to manage all other business processes.
Contactless payment
Contactless payments have quickly become popular among Brazilians. Among the main in-person credit card transactions in the country, in the first half of this year, more than 7 billion used NFC technology, which enables this type of transaction, which indicates an increase of around 76% compared to the first half of the previous year.
During the period, R$$414.8 billion were moved through technology. In June alone, contactless purchases accounted for 48%d of card payments. In June 2021, this share was around 13%, which clearly shows the strength of technology. In December, the expectation is that the index will reach 56%. The figures are from Abecs, an association that represents electronic payment companies.
NFC
To make contactless payments, the device must have the NFC technology, which is native to the operating system and cannot be installed on the device on its own. iOS devices offer the technology, but Android users need to check whether their cell phone allows this type of operation.
To do this, you must access Settings, go to Connections and check. If your phone has this technology, simply activate the “NFC and contactless payments” tab. Once you have checked, simply download the digital wallet app according to your phone’s operating system and register your credit or debit card to make payments.
