Many smartphone payment systems, such as Google Wallet, utilize NFC to allow users to simply “tap and pay” through NFC-readers, such as self-checkout payment kiosks. The user’s credit card or bank account is configured through the payment app on their phone, and by simply tapping or even swiping their phone near the NFC-reader, the transaction is completed extremely quickly and efficiency, without the use of cash or credit card.
Consumers are rapidly becoming more comfortable using self-checkout systems, such as retail kiosks, and the ability to provide an NFC cashless payment system through a kiosk provides the user with an unparalleled level of speed and convenience in the checkout process.