A 30-Second History Lesson in Contactless Payments [Infographic]

November 16, 2015

history-of-contactless-payments-moneris

With the flurry of contactless and mobile payment options emerging in the last few years, you may be surprised by how long tap-to-pay technology has been around. In fact, commercial applications of contactless payment options have been around for nearly two decades. It also may surprise you that one of the early adopters of the technology was fast food giant McDonald's.

When customers make their next purchase by tapping their debit card (or when you start accepting Apple Pay in Canada), think of these technologies that paved the way for the quick, convenient tap-to-pay world that we now live in. (To learn more about Apple Pay and how your business can start processing payments, visit www.moneris.com/applepay).

history-contactless-mobile-payments-moneris

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