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Contactless Payments in South Korea

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Celent have reviewed this profile and believe it to be accurate.
17 June 2010

Comments

  • People around the world today are using smart cards for debit and credit payments. Contactless payment applications are gaining momentum as new contactless devices are being introduced like Secure Contactless Tokens, NFC Stickers etc.As far as on security concern Dynamically generated codes, high encryption standards and biometrics can be employed in the security mechanisms for the contactless devices.

    And very nice and informative news on contactless payment