Online shopping in apps with iPhone is also as simple as the touch of a finger. Users can pay for physical goods and services including apparel, electronics, health and beauty products, tickets and more with Touch ID. Checkout can happen with a single touch, so there’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information, and card details are kept private and are not shared with the online merchant.
Contactless payment cards are debit, credit, charge or pre-paid cards which can be used to make quick, easy and secure payments for everyday purchases of $20 and under. There’s no need for a PIN or a signature, just touch your card on a contactless card reader.
Most contactless payments are made with cards. However, mobile phone payments, key fobs, stickers and other methods of contactless payment are becoming more common, research indicates that consumers are likely to spend more money due to the ease of small transactions.