Delhi Metro Set To Expand NFC System To Pay Fare Through Mobile
To encourage cashless transactions, the Delhi Metro has planned to introduce near-field communication (NFC) system for passengers to pay for their journey through their mobile phones, using debit or credit cards. Reportedly, the service is currently available on the Airport Express line. All in all, passengers will get options such as a Smart card, National Common Mobility Card, mobile-based NFC, mobile QR code, and paper QR ticket.
Tags: Delhi Metro, NFC, Ticket, AFC, DMRC
Courtesy: Hindustan Times
Paytm To Allow Smartphone-based NFC Card Payments For Merchants
Paytm will soon facilitate merchants to use android smartphones to receive Near Field Communication (NFC)-enabled debit and credit card payments from the 'Paytm for Business' App. Powered by Software Point-of-Sale (SoftPoS) technology, the fintech major's latest multilingual service, dubbed 'Paytm Smart POS', modifies a smartphone to accept payments by simply tapping the card on the phone's back. Reportedly, Paytm has already tested its soft-… read-more
Tags: Paytm, NFC, Paytm for Business, SoftPoS, Credit Card, payment, fintech, Android
Courtesy: LiveMint