Contactless eftpos payment New Zealand cafe

Navigating new technology often challenges established practices. In the evolution of electronic payments, the shift from card-handling to contactless seemed daunting. However, counterintuitively, contactless payments bring enhanced security benefits compared to traditional methods.

Secured Handling

Contactless ensures the card never leaves the payer’s hands, minimising the risk of loss or unauthorised card copying.

Advanced Technology

Contactless readers utilise chip cards with a 40mm reading distance, maintaining security characteristics. No need for card insertion; the transaction remains secure.

Accidental Payments Prevention

Merchants prepare and register transactions, eliminating accidental payments. The reader’s hierarchy ensures responses to the designated card or flags multiple cards within range.

Additional Authentication for High-Value Transactions

Transactions over $200 prompt additional security measures, such as signatures or PIN entry, mirroring traditional chip transactions.

Mitigated Risks

While contactless cards pose a theft risk, major issuers offer zero liability insurance, minimising cardholder risks for transactions under $200.

Amid robust security measures and unparalleled convenience, it’s no surprise that three in four Kiwis embrace contactless payments. For merchants, accepting contactless is swiftly becoming an expectation—a vital component of successful business transactions. Skyzer ensures seamless integration, empowering businesses to meet evolving customer preferences and industry standards effortlessly.

If you have any questions, or need help sorting out contactless payments – don’t hesitate to get in touch with the team today!

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