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Pay by contact? Stop calling it "WiFi" - Walla! technology

2021-08-16T14:05:48.784Z


Why does the standard of payment in contact manage to confuse Israelis? • Samsung has announced new smartphones - and surprised • And what are we likely to see in Apple's next smartwatch?


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Pay by contact?

Stop calling it "WiFi"

Why does the standard of payment in contact manage to confuse Israelis?

• Samsung has announced new smartphones - and surprised • And what are we likely to see in Apple's next smartwatch?

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"Connect", Chapter 4

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  • Credit Card

Yinon Ben Shoshan and Lior Naor

Monday, 16 August 2021, 16:18 Updated: 16:55

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Practice: NFC - not WiFi

The demand for faster, more convenient, secure - and even more hygienic - payment methods has accelerated the transition to non-contact payment via credit cards or smartphones.

Meanwhile, most of the public in Israel is confused and calls the technology WiFi - probably because the logo embossed on the credit cards is reminiscent of the logo of the wireless Internet.



So what should you know?

A smart card operates on technology based on the EMV standard - an international standard.

The actual payment is made using an NFC chip.

Also, by July 2021, all businesses in Israel were required to adopt the new standard.



You can hear the full explanation on the podcast

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To the full article

Samsung has announced two folding smartphones

Samsung has a new strategy: to turn smartphones with a foldable and flexible screen into elite phones, and increase their market share.

This strategy was approved last week with the announcement of new premium devices in the Z series, whose main feature is a folding screen.



Will she succeed?

There is no knowing.

Samsung is making a serious bet here for the days of Corona and in light of general economic uncertainty in the world.

However, the Z Flip 3 will cost NIS 3,750, which puts it in front of other elite phones (iPhone 12 Pro for example), at an affordable price than before.

Want to send questions for broadcast as well?

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You can also listen to the podcast on Spotify, Apple Podcast, Deezer and Google Podcast.

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Source: walla

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