Contactless payments enable customers to “wave” their chip-embedded card or other payment device, such as a mobile phone, in close proximity to a reader at the point-of-sale (POS) to pay for a purchase. The end result of a contactless transaction is the same as a traditional card swipe, but may provide the added benefits of improved transaction speed and enhanced security. Offering a contactless reader at the POS enhances the customers’ payment flexibility and provides your business with a platform to comply with industry security mandates.
Call PNC Merchant Services® customer service at 800-742-5030.
Tell us that you would like to upgrade your POS equipment to new equipment that is capable of accepting mobile payments at the point of sale.
We will answer your questions and explain how the upgrade process works.
After you complete the equipment upgrade, your business will realize a number of benefits beyond being able to accept mobile payments. For example, the new equipment will utilize a security technique called tokenization that offers data security not offered on traditional card swiping. Tokens are comprised of upper- and lower-case letters, numbers and special characters that have no relationship to customers’ actual payment information — tokens only point to the payment data. Therefore, token usage helps protect against credit card fraud.
Smart Card Alliance. The Mobile Payments and NFC Landscape: A U.S. Perspective. A Smart Card Alliance Payments Council While Paper. September 2011
PNC Merchant Services is a registered mark of The PNC Financial Services Group, Inc. Merchant Services are not deposit products. PNC Merchant Services does not offer deposit products and its services are not guaranteed or insured by the FDIC or any other governmental agency. Merchant Services are subjtect to application, credit review of the business and its owners, and approval.
EMV is a registered trademark of EMVCo in the United States and is an unregistered trademark in other countries. Fiserv is a registered trademark of the Fiserv Corporation in the United States and other countries.
Visa and Visa payWave are registered trademarks of Visa International in the United States and other countries.
MasterCard and MasterCard PayPass are registered trademarks of MasterCard International, Inc.
Discover is a registered trademark of DFS Services, LLC.
American Express is a registered trademark of American Express Marketing & Development Corp. in the United States and other countries.
Apple is a trademark of Apple Inc., registered in the U.S. and other countries.
Apple, Apple Watch, iCloud, Mac, and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone, Face ID, Touch ID and Apple Pay are trademarks of Apple Inc. App Store is a service mark of Apple Inc.
Google Wallet and Google Pay are registered trademarks of Google Inc.
Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.