EMV vs Contactless Payments

Developers should learn about EMV when working on payment systems, point-of-sale (POS) applications, or financial technology (fintech) projects to ensure compliance with security standards and reduce fraud risks meets developers should learn contactless payments to build or integrate payment solutions in mobile apps, e-commerce platforms, and iot devices, as it's increasingly standard in retail, public transit, and event ticketing for its fast, hygienic, and user-friendly experience. Here's our take.

EMV

Nice Pick

Developers should learn about EMV when working on payment systems, point-of-sale (POS) applications, or financial technology (fintech) projects to ensure compliance with security standards and reduce fraud risks

Pros

• It is essential for implementing secure card-present transactions in retail, banking, or e-commerce platforms, especially in regions where chip cards are mandated
• Related to: payment-processing, point-of-sale-systems

Cons

• Specific tradeoffs depend on your use case

Contactless Payments

Developers should learn contactless payments to build or integrate payment solutions in mobile apps, e-commerce platforms, and IoT devices, as it's increasingly standard in retail, public transit, and event ticketing for its fast, hygienic, and user-friendly experience

Pros

• It's essential for roles in fintech, mobile development, and security-focused projects, where implementing NFC APIs, handling payment gateways, and ensuring PCI DSS compliance are common requirements
• Related to: near-field-communication, payment-gateways

Cons

• Specific tradeoffs depend on your use case

The Verdict

These tools serve different purposes. EMV is a concept while Contactless Payments is a platform. We picked EMV based on overall popularity, but your choice depends on what you're building.

The Bottom Line

EMV wins

Based on overall popularity. EMV is more widely used, but Contactless Payments excels in its own space.