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Life Pay NFC microchip

Product
Developers: Life Pay (Payment Service Provider)
Technology: Trade Automation Systems

The main articles are:

The NFC microchip from LIFE PAY is a small sticker card that is placed in the cash area. It works through the Fast Payment System (FPS) and allows you to accept payment by touching a mobile phone. Thanks to NFC technology, the chip activates the call to the client's banking application with a predetermined payment amount. The buyer just needs to click on the "pay" button to complete the transaction. In contrast to QR codes - a more common way of accepting payment through the SBP - the microchip speeds up the process 4 times and retains the usual user experience.