What is NFC, Mobile Wallets and Mobile Phone Payments - How it works & need to know things about NFC

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 77

  • @Bancardsales
    @Bancardsales  2 роки тому +17

    Do you accept NFC and mobile wallets at your business? Let me know in the comments if your customers ask you about using mobile wallets. -Brian

    • @Michele-mn3rd
      @Michele-mn3rd 4 місяці тому

      Who cares my phone never works

  • @KevinLee-qp4pk
    @KevinLee-qp4pk Рік тому +16

    The best simple explanation out of all the videos I've seen about this subject.

    • @Bancardsales
      @Bancardsales  Рік тому +3

      Thanks Kevin! Glad to hear that and thanks for watching !

  • @SteelerY360Nation
    @SteelerY360Nation Рік тому +10

    I downloaded the Google Pay/Wallet app on my Samsung Galaxy A11 phone, & found out that it does not have NFC 😡😭At least I got to learn about the Technology, and its history by watching your video! Thank You!!

    • @mrflimpam5948
      @mrflimpam5948 8 місяців тому

      "About 160 EUR" - gsmarena, cheap ahh phone

    • @289cobra9
      @289cobra9 5 місяців тому

      Motorola One 5G Ace with NFC and Google Wallet.
      Next time learn about a phone before buying it.

    • @RonilosTangkay-w4o
      @RonilosTangkay-w4o 29 днів тому

      0:23

  • @megha6691
    @megha6691 Рік тому +2

    thank u for very simple explanation

  • @chagoriver7159
    @chagoriver7159 Рік тому +3

    if a business already has terminals that accept payments with a regular contactless credit card, are they automatically gpay ready? or do they need a new spcefic terminal to process these type of transactions?

    • @Bancardsales
      @Bancardsales  9 місяців тому

      Yea the terminal and the software in it needs to be contactless and mobile wallet enabled.

  • @thephilosopher5799
    @thephilosopher5799 2 роки тому +1

    Yeah most that do this use Apple/Samsung/Google Pay. I always pay with Apple Pay nowadays when I go somewhere, as a minor who doesn’t use a credit card or wants to directly use their debit card.

  • @LonelyBadshah
    @LonelyBadshah Рік тому +2

    Very useful and knowledgeable video 📷📸

  • @MH-gi7ze
    @MH-gi7ze 2 роки тому +3

    Are you bullish on Clover Finance? Thanks.

  • @ajitvikrambhargava8824
    @ajitvikrambhargava8824 Рік тому +5

    Can you make a video on how digital wallets work??like the whole process internally, which systems are involved and all.

  • @Bailey-k2j
    @Bailey-k2j 20 днів тому +1

    Now I just need a portable PoS device so I can go out and accept payments from people when I get close to them. Oh, wait...I already have one. 😎

  • @ScreenRafa
    @ScreenRafa Рік тому +3

    The info is very useful thankful

  • @jayashreesaravanan392
    @jayashreesaravanan392 Рік тому +2

    Informative

  • @jonamleonel
    @jonamleonel 2 місяці тому +1

    Is nfc always “on” in iPhone? The concern is that the NFC is always active, emitting 13 MHz radiation, and this electromagnetism or frequency might not be good for people. Many people carry their phones in their pants pockets; imagine constantly having this frequency radiating towards them

    • @Sifar_Secure
      @Sifar_Secure 2 місяці тому

      Most Wifi is 2.4 - 5 Ghz. 5G technology is around 5GHz. Even TV remotes are several GHz. NFC is approximately 300 times weaker than these other signals which permeate our environment.

    • @RamsteinPoplaski
      @RamsteinPoplaski Місяць тому

      I don't mind being infertile.

  • @JerDog1984
    @JerDog1984 2 роки тому +4

    Great info. Thank you sir!

    • @Bancardsales
      @Bancardsales  2 роки тому +2

      Glad it was helpful! Thanks for watching!

  • @language-n-learning
    @language-n-learning Рік тому +4

    That was very informative! Thanks. 🙏 BTW, what software did you use to make it?

    • @Bancardsales
      @Bancardsales  Рік тому +3

      Thanks Jeff!. Lmk if there's any payment questions I can answer for you.
      My videos are produced with Adobe suite of products (premiere/after effects)

    • @language-n-learning
      @language-n-learning Рік тому

      @@Bancardsales Thanks for the info. If I think of something, I'll send you a question. :)

  • @AarushiJain-ej2bk
    @AarushiJain-ej2bk Рік тому +2

    Nice one

  • @RaiHimanshu-pt4df
    @RaiHimanshu-pt4df Рік тому +2

    Good information

  • @worldhackgaming
    @worldhackgaming Рік тому +2

    Knowledgeable

  • @johnwhorfin5150
    @johnwhorfin5150 2 місяці тому +1

    im getting my feet wet at the moment,the more info i can get the more confidence i get.. thnx m8

  • @sonammaheswari3367
    @sonammaheswari3367 Рік тому +2

    Good nyc

  • @siddhantdahivalkar67
    @siddhantdahivalkar67 Рік тому +2

    Nice 👍

  • @mastanchinna1083
    @mastanchinna1083 Рік тому +2

    Great info thanks

  • @deepanshigarg8362
    @deepanshigarg8362 Рік тому +1

    good content 🎉

    • @Bancardsales
      @Bancardsales  Рік тому

      Thank you and thanks for watching ! 😃

  • @saktisamantaray4338
    @saktisamantaray4338 Рік тому +2

    Nice

  • @paulwanjau4347
    @paulwanjau4347 2 роки тому +2

    thanks very insightful

  • @korruptcontent954
    @korruptcontent954 7 місяців тому

    Is it safe to leave on all the time?

  • @YenYen-gu3ky
    @YenYen-gu3ky 7 місяців тому

    is this available in philippine?

  • @YenYen-gu3ky
    @YenYen-gu3ky 7 місяців тому

    available in philippines?

  • @289cobra9
    @289cobra9 5 місяців тому

    Use my Google Wallet all the time.

  • @nainstefan
    @nainstefan 5 місяців тому

    bro explaine for both costumer and seller in under 10 minutes

  • @kevinhatchett2021
    @kevinhatchett2021 2 роки тому +7

    So if someone steals your phone all they have to do is wave your phone and buy, buy, buy, bye money..

    • @SillyOmega
      @SillyOmega 2 роки тому +1

      Nope

    • @loogoos4894
      @loogoos4894 2 роки тому +3

      NFC payment methods on phones require biometric authentication to authorize the payment through the NFC chip.

    • @joelbigc3540
      @joelbigc3540 Рік тому +2

      @@loogoos4894 what about debit/credit cards? Still not safe. In India, the Reserve bank made a policy of setting one-time passwords (OTPs) to customers' phones when the payment is initiated. This is much safer I feel.

    • @loogoos4894
      @loogoos4894 Рік тому +1

      @@joelbigc3540 most NFC on physical cards are efficient by means of how fast the transaction occurs. The same process for a phone card is used on physical cards for NFC transactions. It is technically less secure since the CCN and CCV are on card. Usually though most banks issue cards that have cards which have the CCV and CCN on the back of the card.

    • @markusTegelane
      @markusTegelane Рік тому +2

      Every such solution requires you to unlock the device before making any payment ;) (tho some small payments are possible with a locked screen depending on security settings and region)
      Also, disable NFC any time you complete a transaction.

  • @Coconut-p6z
    @Coconut-p6z Рік тому

    What happens when the phone is lost?

    • @289cobra9
      @289cobra9 5 місяців тому

      Do you lock your phone?

  • @CheyenneMostly-tp5lx
    @CheyenneMostly-tp5lx 8 місяців тому

    It’s OK

  • @carolinagomez7415
    @carolinagomez7415 4 місяці тому +1

    If I lost my pho e, can anybody use my credit card in my wallet?

    • @Sifar_Secure
      @Sifar_Secure 2 місяці тому

      You have to unlock the phone, so it's more secure than losing a normal credit card. Of course a lost credit card is much easier to replace than a lost phone, but that's a separate matter...

  • @babushkaboi420
    @babushkaboi420 Рік тому +3

    Can you be more technical?

  • @CheyenneMostly-tp5lx
    @CheyenneMostly-tp5lx 8 місяців тому

    It’s OK very OK oh it’s very OK it’s OK it’s very OK

  • @DarkRawWareCorporation
    @DarkRawWareCorporation 4 місяці тому

    i know how to use/works/look/.... bruch i am work as informatic well i used this XZ

  • @S-Lomar
    @S-Lomar Рік тому +2

    Well done 🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰

  • @sathwik768
    @sathwik768 Рік тому +3

    Thanks for the explaination

    • @Bancardsales
      @Bancardsales  Рік тому +1

      Thank you and thanks for watching!

    • @suleimansuleimans
      @suleimansuleimans 9 місяців тому

      PLEASE WHA ABOUT IF MY CELLPHONE DON'T HAVE THE NFC INSTALL NEITHER MOBILE WALLET