Contactless: Considerations for Merchants in a Touch-free COVID-19 Era
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Description
Contactless payments have seen slow growth over the past few years. But now in a world plagued by a pandemic, there is renewed interest from both consumers and merchants to limit the amount of physical interaction that happens at the point of sale. But why have some merchants been so reluctant to enable contactless? Join Itai Sela from B2 Payments and Lillie Platko from FIS Payment Networks as they uncover a few of the challenges merchants face, why contactless and traditional contact transactions differ so greatly behind the scenes and what merchants can do to feel better about embracing contactless in today’s world.
Learning Objectives:
An overview of the difference between contactless and touchless, the benefits to merchants, and what to consider as you identify your business objectives for implementing contactless
Contactless implementation challenges to support touchless payments and how consumer adoption will drive contactless success in a post-pandemic environment
Contactless Routing & CVM limits– an overview of the CVM inconsistencies with the global & debit networks and implications of poor terminal programming.
While everyone is welcome, the webinar will be especially helpful for: