India, Feb. 9 -- Have you ever been asked, 'does tap work on your card?' while standing at the supermarket checkout? In a world defined by convenient and secure financial transactions, the phrase 'tap to pay' has become a synonym to modern payment methods. Contactless-equipped cards use radio frequency identification (RFID) technology and near-field communication (NFC) to process transactions where possible.

Tap-to-pay refers to a form of payment using a credit, debit, or gift card on a point-of-sale system equipped with adequate technology.

For retailers, embracing contactless payment methods means streamlining the checkout process, making it faster, more convenient, and hygienic. Contactless payments can significantly reduce the opera...