The way we make payments is evolving rapidly in this era of digitalisation. One such innovation is the ‘Tap and Pay’ feature in credit cards. But what is tap and pay in credit cards? This article tries to understand this technology better.
How tap and pay technology works in credit cards
Tap and Pay, also known as contactless payment, is a secure method for consumers to purchase products or services using a debit, credit, smartcard, or another payment device by using radio frequency identification (RFID) technology and near-field communication (NFC). To use this feature, the cardholder taps the card on the point-of-sale terminal equipped with the technology.
Advantages of tap and pay for faster, hassle-free payments
- Speed: Transactions are processed faster than traditional card swiping.
- Convenience: No need to enter a PIN for transactions up to a certain limit.
- Safety: Reduces the risk of skimming as the card never leaves your hand.
- Hygiene: Contactless payments mean less physical contact with public devices.
- Simplicity: Just tap your card and you’re done!
Integrating tap and pay into your payment routine
Integrating tap and pay into your payment routine is straightforward. Most new credit and debit cards come equipped with this feature. Look for the contactless symbol on your card to confirm. At the store, after the cashier enters your purchase details, simply tap your card when prompted on the contactless-enabled terminal.
While we’re on the topic of innovative payment methods, consider applying for the Bajaj Finserv RBL Bank Credit Card. Why? Well, this card isn’t just about making payments; it’s about making your financial life easier and more rewarding.
Bajaj Finserv RBL Bank Credit Card benefits
This co-branded card offers several benefits, including:
- Easy EMI conversion for purchases exceeding Rs. 2,500
- Interest-free ATM cash withdrawal for up to 50 days
- Fuel surcharge waiver for up to Rs. 1,200 per year
- Annual fee waiver when you meet the minimum spending threshold per your card variant
- Complimentary access to airport lounges
- Free movie ticket every month on BookMyShow
- Cashback offers on transport, groceries, and fuel purchases
- Discounts on dining and travel bookings
- Redeemable reward points on nearly every transaction
- Reap the rewards of managing your finances more effectively with the flexibility and convenience afforded by a Bajaj Finserv RBL Bank Credit Card. Apply today!
