Emv card definition12/21/2023 ![]() So what’s the difference between EMV and NFC, and why should you care? Read on for more info. eMarketer forecasted a 210% growth in mobile payment transaction value in 2016 during the 2015 Money 20/20 conference in Las Vegas. More people use credit cards for payments and mobile phones are becoming a popular consumer payment option as well.Īpple, Android, Samsung, and Chase all offer ways for customers to use their smartphones for payments, and new services are popping up all the time. ![]() These days you need to be prepared to handle a slew of payment options. There was once a time when all you had to worry about was having enough cash on hand to provide customers with change.
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