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A new mobile phone payment device is most likely to use Near Field Communication (NFC) technology for contactless transactions, enabling quick and secure payments by tapping the device at payment terminals. It may also incorporate QR code scanning for payments, allowing users to pay by scanning codes displayed by merchants. Additionally, secure encryption protocols and tokenization are essential for protecting sensitive payment information during transactions. Lastly, integration with digital wallets and biometric authentication, like fingerprint or facial recognition, enhances security and user convenience.

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1mo ago

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