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Why Industry Collaboration Is Key to Advancing Contactless Payment Security

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Unlock the importance of industry collaboration in advancing contactless payment security. Discover how collaboration drives innovation and secures payments.

Contactless payments use near-field communication or radio frequency identification to complete transactions.

Tapping a card or phone on a terminal is much safer than swiping or using a chip reader. Industry-wide cooperation among card reader companies, credit card networks and issuers can make the practice safer.

 

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