What is Tap Payment? Transforming
In today's fast-paced digital economy, businesses are constantly seeking more efficient and convenient payment solutions. Tap payment technology has emerged as a revolutionary advancement that's reshaping how merchants accept payments and how consumers complete transactions.
Understanding Tap Payment Technology
Tap payment refers to a contactless payment method that allows customers to make purchases by simply tapping their payment card or mobile device against a payment terminal equipped with Near Field Communication (NFC) technology. This technology eliminates the need to swipe cards or insert them into traditional point-of-sale terminals, creating a faster, more seamless checkout experience.
What makes modern tap payment solutions particularly innovative is that they've evolved beyond traditional hardware terminals. CCAvenue's TapPay solution exemplifies this evolution by transforming any NFC-enabled Android smartphone into a fully functional point-of-sale terminal through a software-based approach.
CCAvenue TapPay: Revolutionising Mobile Payments
CCAvenue TapPay offers a turnkey, cost-effective solution that converts standard Android smartphones with NFC capabilities into payment acceptance devices. This 100% software-based deployment means businesses can begin accepting contactless payments immediately after installation, without investing in expensive specialised hardware.
The solution adheres to the highest security standards, with full compliance with the latest EMVCO standards and PCI CPoC specifications. It has received certification from major card networks, including Visa, MasterCard, and RuPay, ensuring both merchants and customers can trust the transaction process.
How CCAvenue TapPay Works
The process is remarkably straightforward. When a customer makes a purchase, they simply tap their contactless card against the merchant's NFC-enabled smartphone. For transactions requiring additional security, the system displays a dynamic virtual PIN pad on the smartphone's touchscreen—a feature known as "PIN on glass."
Both the electronic card data and PIN are encrypted and securely transmitted to payment processors and card issuers for verification. Once verified, the smartphone receives confirmation and completes the transaction, all within seconds.
Accessibility for All Businesses
CCAvenue has ensured accessibility for businesses without NFC-enabled phones or those using iOS devices by offering the CR100 device, which accepts EMV and NFC payments and connects to smart devices via Bluetooth.
Getting started with CCAvenue TapPay is simple. Existing CCAvenue merchants can download the CCAvenue Omnichannel app and request the enablement of the TapPay feature. New merchants can download the same app but will need to complete registration and eKYC checks before accessing the TapPay functionality.
As tap payment technology continues to evolve, solutions like CCAvenue TapPay are making it easier than ever for businesses of all sizes to accept contactless payments, improving transaction speed, security, and customer satisfaction in our increasingly digital world.