You’re hearing about it everywhere. Google Pay, Apple Pay, Samsung Pay, and many others on the market. If you’re already using your wearables to pay for goods or services, or just thinking about it, this article has the aim of diving deep into everything that happens when you lean your smartphone against a point of sale terminal.

Image for post
Image for post

Mobile wallets are applications that securely store payment card information on a mobile device. Even though the terms are often used interchangeably, it is important to mention that digital wallet is a broader term used for software that securely stores payment card information that can be used to make electronic payments. …

About

Mensur Mandžuka

Technical consultant @ Netlight

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store