Research Article

Mobile and Contactless Payment Innovations: The Future of POS Systems

Authors

  • Swetha Garaga Northern Illinois University, USA

Abstract

Mobile and contact-free payment innovations are changing the point-of-sale system globally, causing significant changes in transaction paradigms in diverse market environments."The rapid adoption of digital payment methods is driven by several factors, including technological advancements, pandemic-induced shifts in consumer behavior, and evolving expectations around transaction efficiency and security. Near-field communication, QR code systems, biometric authentication, and digital wallet integration form the core technical framework driving this transformation. These technologies offer distinct benefits tailored to the needs of specific markets. These innovations deliver multifaceted benefits, including improved transaction processing efficiency, enhanced safety through operational cost reductions, and a richer, more seamless consumer experience. Despite these benefits, implementation challenges persist—ranging from data privacy concerns and regulatory complexity to technical fragmentation and socio-economic barriers to access. The projection of payment innovation indicates continuous development towards integrated intelligence, increased biometric security, and rapid, friction-free transactions, and it addresses inclusive requirements in diverse market contexts. The change of payment ecosystems not only represents technological progress but also establishes new benchmarks for fundamental reorganization, convenience, safety, and access to commercial interaction paradigms.

Article information

Journal

Journal of Computer Science and Technology Studies

Volume (Issue)

7 (7)

Pages

853-858

Published

2025-07-21

How to Cite

Swetha Garaga. (2025). Mobile and Contactless Payment Innovations: The Future of POS Systems. Journal of Computer Science and Technology Studies, 7(7), 853-858. https://doi.org/10.32996/jcsts.2025.7.7.92

Downloads

Views

11

Downloads

11

Keywords:

Contactless payments, digital wallets, biometric authentication, payment security, financial inclusion.