Here is everything you need to know about Google Pay: Who accepts Google Pay (Other popular examples of mobile wallets include Apple Pay and Samsung Pay.) Google Pay is Google’s mobile wallet technology and one of the more popular NFC mobile payment apps. The transaction time is super fast, unlike credit card transactions, which can take several seconds (chip cards, in fact, are noticeably sluggish). NFC mobile payments are also the fastest way to pay. As opposed to magstripe cards (which are prone to fraud), NFC payments have multiple layers of security involved in the transaction, designed to protect bank details. In addition to EMV chip cards, NFC mobile payments are part of our charge toward more secure, authenticated ways to pay. This type of payment, called a “contactless” or NFC payment, uses near field communication to transmit information from a mobile device to a payments reader. Instead of swiping or dipping credit cards, they’re holding their mobile device over the POS terminal. You might have noticed a change in the way people are paying at stores lately. Tips and Tools to Retain Your Top Employeesġ0 Scientifically Proven Ways to Motivate Employees Robots in Restaurants? What Restauranteurs Need to Know About This Growing Trend What Is a POS System and How Does It Work? Staff Scheduling: How to Make Employee Work Schedules How to Accept Apple Pay at Your Small Businessīank Transfers: What They Are and How to Do Them What Are ACH Payments and How Do ACH Transactions Work?īreak-Even Point Formula and Analysis: How to Calculate BEP for Your Business Self-Serve Kiosks: How They Could Work for Your Business How to Create and Use QR Codes for Your Business How to Create a Marketing Strategy for Your Businessģ New Payment Methods You Should Start Accepting Now How To Use Customer Segmentation To Grow Your Business What to Consider When Creating a Return and Exchange Policy Omnichannel Marketing: Definition, Strategy, Tools, and Examples

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