Which payment method is commonly associated with contacting payment terminals via smart devices?

The choice of mobile pay is closely associated with contacting payment terminals via smart devices because it utilizes Near Field Communication (NFC) technology, allowing users to make payments simply by bringing their smart devices, like smartphones or smartwatches, close to a compatible payment terminal. Mobile payment methods, such as Apple Pay or Google Pay, store payment information securely on the device and enable quick and convenient transactions without the need for physical payment cards or cash. This approach enhances user experience by offering speed and ease of access, making mobile pay increasingly popular among consumers and retailers alike.

In contrast, online banking refers to managing bank accounts and conducting transactions over the internet, which doesn't involve a physical payment terminal. Cash payment involves the direct exchange of physical currency, eliminating the use of technology related to smart devices. The credit card swipe method requires a physical card to be swiped through a terminal, which is less convenient compared to the tap-and-go functionality of mobile pay.