NFC stands for "Near Field Communication" and describes a modern radio technology that enables wireless data transfer over short distances. All it takes is two NFC-enabled devices – for example, a smartphone or payment terminal and an NFC chip – held close to each other (usually a few centimeters). Communication then occurs automatically and in fractions of a second.
As soon as an NFC-enabled device comes into proximity with a chip, a connection is established. The chip sends stored information directly to the device – completely without an app, cables, or complicated setup. For users, this means: simply scan and immediately get access to content, functions, or services.
- Contactless & Intuitive: No physical connection necessary – simply approach it. "The MONEE Move - Knock. Knock"
- Fast Data Transfer: Information is transferred in real time.
- High User-Friendliness: No technical expertise required.
- Secure & Controlled: NFC only works over very short distances, which makes its use particularly secure. With CLUB MONEE, this is a maximum distance of approx. 2-3cm.
- Versatile Use: From digital business cards to access systems and interactive customer experiences. At CLUB MONEE, we have initially focused on payment systems.
A particular advantage of NFC technology lies in the secure and fast transmission of payment information. At CLUB MONEE, NFC is specifically used to simplify and accelerate payment processes. By simply tapping, relevant payment data can be transmitted – conveniently, contactlessly, and without manual entry.
Sensitive information is not directly disclosed but transmitted via secure, encrypted procedures. This ensures a high level of data protection and trust.
Frequently Asked Questions?
Yes. When you connect a bank card to your Club Monee Ring with Fidesmo Pay, a reference to the card is created – a reference with a different card number, which is called a token. This card number can only be used on your Club Monee Ring – not online or anywhere else. This means your Club Monee Ring is protected against skimming, and even if the card number were to leak online (e.g., due to a data breach at one of the stores where you made a payment), it cannot be used anywhere else. The card number on the Club Monee Ring is also cryptographically linked to this specific wearable, and the card number cannot be added to any other physical wearable that can be used for payment. In summary, Club Monee Ring payments with Fidesmo Pay are very secure, even more secure than paying with a physical payment card, where the card number can be used for both in-store and online payments.
Yes, provided that the terminal supports contactless payments with VISA or Mastercard. Just as you can pay with your bank card at any contactless terminal worldwide, you can also pay with your Club Monee Ring.
