The First Data FD-20 contactless reader processes electronic payments using the latest technology. Customers simply wave or tap their card in front of an FD-20 reader that is connected to a POS terminal, and the transaction is initiated. By adding the FD-20 reader to an existing First Data proprietary terminal, merchants can support the acceptance of contactless cards, key fobs, and other specially equipped devices, with the same end result and security of a standard card-swiped transaction. This technology can significantly increase transaction speed and is ideal for businesses with a high volume of low dollar transactions.