Forget traditional contactless payments; companies study new technology

With the advancement of technologyit has become increasingly easier and more practical to carry out certain activities. Now, with just a few clicks, it is possible to complete transactions, check your bank balance and even make contactless payments.

Over the last few years, it has been observed that the adoption of this new payment method by several Financial Institution. This innovation allows the transaction to be carried out in an extremely convenient manner simply by bringing the chip embedded in the card closer to the respective payment machine.

However, a new proposal is underway, put into practice by a business conglomerate responsible for contactless payments, which aims to develop new payment functionalities to further improve this tool, giving it increased practicality and speed.

This indicates that in the near future, contactless payments can be readily replaced by superior alternatives.

Will contactless payments end?

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In the near future, it is expected that contactless payments will no longer need to be made in such close proximity, as stated by the corporations in charge of the standard. NFCa technology present in smartphones and plastic cards.

Currently, to make a purchase using contactless payment, it is essential that the card is in direct contact with the machine.

However, based on a document that addresses the NFC standard, in a few months the minimum distance for executing transactions could be reduced to 5 millimeters, as opposed to the current 3 centimeters.

The group of companies responsible for NFC emphasizes its desire to extend the antenna range to align the parts in order to avoid communication failures. communication.

Furthermore, an increase of up to three times in the amount of energy sent to the card is expected, which will allow the incorporation of more technologies into the plastic, such as biometric readers and other reading devices.

Finally, it is worth noting that companies are working to extend the limit to 3 centimeters, that is, 30 millimeters.

Through this, it will be possible to carry out payments without physical contact, allowing a small separation between the parties involved, although still restricted.