What You Need to Know About Contactless Payments

Published On:
August 19, 2024

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What are Contactless Payments? 

Contactless payments are a secure payment method that allows you to hold your card (or phone) near a card reader to make a payment. Contactless payments can be safer and faster than traditional forms of payment.  

 

How Contactless Payments Work 

Contactless payments use Near Field Communication technology (NFC Payments) to share information between two devices within a short range. In order to perform a transaction, you must be within a few centimeters of a card reader. Thinks makes it so you can’t accidentally make payments. Contactless payments also use one of the most secure encryption methods available: tokenization. Your information is encoded, and each transaction you make using your contactless card creates a unique, one-time code, reducing security and fraud risks. Due to this technology, contactless payments provide you with more security, reduced fraud risk, and faster payments. 

Learn More About Keeping Your Information Safe

Contactless Cards at Arbor Financial 

For more convenience and a quicker checkout, both Arbor's credit and debit cards are contactless.

Benefits include: 

  • Speed and connivance at the register, which significantly reduces check-out times; just "Tap & Go"! 
  • Security: contactless cards provide a secure method of payment using encryption and tokenization.
  • Ease of use: forgo the need to enter a PIN or sign for your purchases, making everyday transactions easier. 

If you have any questions about your cards, please feel free to contact Card Services at (269) 375-6702, and we will be happy to answer any questions you might have. 

Digital Wallet Options 

For even more convenience and to have your card with you wherever you go, it’s easy and quick to add your Arbor Financial Credit Union credit and debit cards to your digital wallet and pay without the plastic. Arbor’s cards work with most major digital wallets, including ApplePay TM, SamsungPay TM, and GooglePay TM. Simply add your card, and you can have another secure, fast, and convenient payment method with your phone or smartwatch. Learn About the Benefits of Digital Wallets. 

Learn how to add your card to your phone's digital wallet. 

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