Payment Glossary: 70+ Payment Terms and Definitions for 2026
Understand the language behind payments, approvals, and smart retries.
Learn our 70+ terms
NFC payments let customers tap cards, phones, or wearables to send tokenized credentials at the point of sale. For merchants, that means faster checkout, lower exposure to card data, and more reliable authorizations.
NFC Paymentcontactless payments, tap-to-pay, near field communication payments