BACK

Innovations and Payment Systems

A breakdown of contactless payments

Summary

Wondering exactly how contactless payments work? This illustration breaks it down

The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Canada

Wondering how exactly a contactless payment works? This graphic illustrates the process. For more details, see “5 myths of contactless payments.”

anatomy-contactless-transaction

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

What’s up next?

In Innovations and Payment Systems

4 credit card trends to watch in 2018

Get ready for new rewards and ways to pay, but carrying a balance on your card will become more expensive

See more stories
Credit Card Rate Report Updated: October 28th, 2020
Business
13.91%
Airline
15.50%
Cash Back
15.85%
Reward
15.75%
Student
16.12%

Questions or comments?

Contact us

Editorial corrections policies

Learn more