About - Valyou

Bjorn Skjelbred, Head of Strategy
Fornebuveien 31 | United States

Contactless payments are offered by both Visa and MasterCard and adheres to the EMV standard.

The technology is based on Near Field Communication (NFC), which is a wireless, radio-based technology for secure communication between payment terminals and payment carriers. Both the card and the mobile phone contain a small radio transmitter which communicates with the payment terminal, and half a second later the transaction is complete.

 

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