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PayPass
/ ˈpeɪˌpɑːs /
noun
- a type of wave-and-pay system that employs RDIF technology, and allows shoppers to pay for low-value goods by touching their debit or credit card against an electronic reader See also wave-and-pay
Example Sentences
Performing a cloning attack for PayPass can take just 25 seconds, gathering enough data to carry out 100 transactions.
As an example, the CVV for Mastercard PayPass is the result of a cryptographic equation.
Credit cards with NFC chips, like Mastercard PayPass are similar, but few merchants are issuing that type of card.
People are using a variety of devices, some like the iPad just a few years old, without thinking about them as different products; they are simply whatever is convenient whether it is a PC for content creation, cards and devices like PayPass for shopping, internet-connected refrigerators and thermostats, plus tablets and smart TVs for entertainment.
MasterCard also has an NFC enabled application called PayPass.
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