In order to make digital purchases faster and more available, Vodafone has made further innovations in partnership with Masterpass. Thanks to the “contactless card top-up” functionality launched in its mobile app, consumers will now be able to top up money or change tariffs even quicker.
Thanks to this latest functionality that will support Vodafone users with the Android operating system and NFC enabled smartphones, consumers who would like to top up their lines with money can conveniently upgrade to Masterpass’s safe payment infrastructure with the new “Top Up with Contactless Card” option in the Vodafone app.
How to use NFC payment in the Vodafone App?
What they need to do is put their contactless credit or debit cards closer to their devices. The single-use password delivered by the bank is confirmed by the client when the contactless card is scanned properly, and the charging process is completed promptly. In the Vodafone application, consumers who previously had Masterpass membership are automatically remembered and users can pick their current registered cards and make purchases without entering their card data.
Vodafone also has its own digital payment terminal named Vodafone Wallet.
What is Vodafone Wallet?
The Vodafone Wallet aims at eliminating the need for cash and coins and manage everyday transactions through this digital wallet. The Vodafone Wallet is able to carry travel cards, loyalty cards, gift cards, and coupons, supplement and replace plastic cards in the wallet or purse of a customer primarily used in the European zone over time, in addition to helping consumers to pay for daily items.
Why Vodafone has chosen NFC payment investments?
In the near future, we can see that electronic payments can be embraced to a great degree by many firms. Consumers will continue to expect a free and stable shopping experience as a logical result of this, in which they will fulfill all shopping needs with their mobile devices.
In this manner, they enriched Vodafone Wallet with near-field connectivity technologies for a lifetime regardless of currency, credit card, debit card, and physical wallet, in order to bring a fresh breath to mobile payments. With one tap on their phones, smartphone owners who adopt NFC technology can now make their purchases securely without holding cards and physical wallets. With groundbreaking mobile payment systems, they plan to create applications that make it simpler for all of their customers, and potential customer loyalty relies on these investments.
What awaits us in the future of payment systems?
As of 2020, we observed that most of the purchases were digital, in other words, by using NFC-enabled payment features for experiencing contactless payment. In order to address this challenge, more incentive has been generated in the mobile payment industry to develop flexible payment mechanisms that do not sacrifice trust and minimize cash flow by partnering with various stakeholders in the mobile payment ecosystem to ensure that users can make their payments securely.