Robots Kenya – Tech News & Gadget Reviews
    What's Hot

    How to Disable a Private Number 2022

    May 27, 2022

    How To Make Calls With A Private Number in Kenya

    May 27, 2022

    TuneCore Partners with International Social Networking App, Ayoba

    May 26, 2022

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Robots Kenya – Tech News & Gadget Reviews
    • Home
    • Tech News

      Top Fintech Companies in Kenya

      February 16, 2022

      How to File KRA Nil Returns online

      November 9, 2021

      How to Apply for KRA Tax Compliance Certificate -TCC

      November 5, 2021

      How to Transfer Money from Equity to Mpesa via Equitel

      December 7, 2020

      KRA to Snoop on MPESA and Bank Accounts

      November 7, 2020
    • Cryptocurrency

      Crypto Trends to expect from Africa in 2022

      January 12, 2022

      Make a Cryptocurrency Switch for the Better with BitiQ

      January 12, 2022

      Bitcoin tops $20,000 milestone and continues to surge to record highs

      December 18, 2020

      How to trade Bitcoins on Chipper Cash

      October 28, 2020
    • Cyber security

      Top Cybersecurity Companies in Kenya

      December 21, 2020

      Kaspersky warns of top IT security threats in Africa

      October 27, 2020

      Steps SMEs can take to improve their Cybersecurity

      October 27, 2020

      Dimension Data revamps its Threat Intelligence Centre

      October 13, 2020

      The Underlying Privacy Issue behind Smart City Establishments

      October 12, 2020
    Robots Kenya – Tech News & Gadget Reviews
    Home»Technology»Mastercard adopts contactless technology
    Technology

    Mastercard adopts contactless technology

    AdminBy AdminJanuary 27, 2021No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Seth Emanuel

    Mastercard has announced that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments.

    The new Enhanced Contactless (Ecos) specifications are an industry-first and will help ensure that as our dynamic digital landscape evolves, and new technologies like quantum computing are introduced, contactless technology is future-proofed to ensure consumers will continue to enjoy the same high levels of security and convenience they do today, in the decades to come.

    The demand for faster, more convenient, safe and now cleaner ways to pay has driven the transition to contactless and this trend will only continue to grow. In fact, in the third quarter of 2020, contactless penetration represented 41% of in-person purchase transactions globally, up 30% from a year ago.

    Mastercard has been spearheading the transition to contactless payments for years and developing specifications like Ecos to support industry standardization efforts and help ensure the entire ecosystem benefits from higher levels of security.

    “Contactless is the present and future of in-person payments,” said Ajay Bhalla, president, Cyber & Intelligence at Mastercard. “2020 brought with it a rapid acceleration of digitization and reinforced the importance of digital solutions – like contactless – to help meet our everyday needs.

    As the ecosystem continues to evolve, more connected devices and the Internet of Things are going to create more user demand and an even greater need for constant innovation to build next-generation capability, helping to ensure that technology never outpaces trust.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Top Fintech Companies in Kenya

    February 16, 2022

    Journey to a connected Kenya subsea fiber optic

    January 14, 2022

    Tech trends of 2022: Future Innovations that will reshape business in Kenya

    January 12, 2022

    Leave A Reply Cancel Reply

    Advertisement
    Don't Miss
    How To

    How to Disable a Private Number 2022

    By Victor KeitanyMay 27, 20220

    Many phone companies will let you disable caller ID on your line so your number…

    How To Make Calls With A Private Number in Kenya

    May 27, 2022

    TuneCore Partners with International Social Networking App, Ayoba

    May 26, 2022

    How To File Nil Returns Online 2022

    April 28, 2022

    Subscribe to Updates

    Get the latest ICT & Tech News from Robots. We also have a monthly publication. Subscribe!

    Our Picks

    How to Disable a Private Number 2022

    May 27, 2022

    How To Make Calls With A Private Number in Kenya

    May 27, 2022

    TuneCore Partners with International Social Networking App, Ayoba

    May 26, 2022

    How To File Nil Returns Online 2022

    April 28, 2022
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Robots Kenya – Tech News & Gadget Reviews
    Facebook Twitter Instagram
    • Home
    • About Us
    • Privacy Policy
    • Contact Us
    © 2022 Robots Tech News. Designed by Afritech Media.

    Type above and press Enter to search. Press Esc to cancel.