Near Field Communication ("NFC")
OM-6.3.1C
Conventional retail bank licensees must ensure that all currently installed ATMs support contactless payment using Near Field Communication "NFC" technology. The changes necessary to the software/hardware to meet this requirement must be completed no later than 1st April 2020.Added: October 2019OM-6.3.1D
Conventional retail bank licensees must ensure, with effect from 18th August 2019, that all new installations of ATM machines support contactless payment using Near Filed Communication "NFC" technology.Added: October 2019OM-6.3.1E
Conventional retail bank licensees must ensure, with effect from 1st October 2019, that any new POS terminals or devices support contactless payment using Near Filed Communication "NFC" technology.Added: October 2019OM-6.3.1F
Conventional retail bank licensees must ensure, that any payment card issued or reissued (credit, debit, prepaid and charge cards) on or after 12th October 2019 supports contactless payment using Near Field Communications "NFC" technology.Added: October 2019