Do you remember the days when it was impossible to make a payment without a card? Well, this is no more than a memory from the past. Now you can pay using a smartphone, even without a card.

A few years ago, the concept of contactless payment was barely being considered. Today, it is becoming a daily reality in major cities of Russia. We are giving you a complete overview of the subject, so you can understand how the process of contactless payment works. We will also tell you how to set it up on your phone.

What is NFC?

NFC (Near Field Communication) is a new, contactless technology. It allows you to make a payment by merely tapping the card on the terminal. In order to use NFC, your smartphone must have a NFC chip. This chip can be used for contactless payment.

Advantages of paying with a smartphone

The main advantage of paying with a smartphone is that you don't need to carry a card with you. This means that you don't need to remember the card number and the expiration date.