5/4/2023 0 Comments Samsung nfc clone cardWhat you’ll learn about NFC and EMV from this article: NFC: What Is It & How Does It Work? In this article, we'll be exploring how NFC and EMV can help keep your customer's information secure and improve your business. In the industry, these more secure ways of processing payments are called NFC and EMV. Thankfully, there are safer ways to complete or accept payments than traditional credit cards. So, how can you protect yourself from fraud risk as a business owner or consumer? And if you are a business owner, you have an important responsibility to protect your customers’ information. While paying by credit card is convenient, it can put you at risk for payment card fraud.Īs a consumer, you need to protect yourself when you pay at a store, restaurant, or gas station. Not to mention, in 2018, 24.26 billion dollars were lost due to payment card fraud worldwide. In 2019, credit card fraud was the most common type of identity theft in the United States. Why? Because every time you use a credit card, fraudsters have an opportunity to access your information. It's true! Paying with cash is safer than paying by credit card.
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