You can make the process even more secure with layers of protection. This makes an NFC transaction both fast and secure. When two NFC phones are held together at close range, the chips are activated to exchange encrypted data. Read/write technology allows an active device to read data from a passive deviceĬard emulation allows an NFC device to function like a contactless credit card Peer-to-peer devices can establish a connection to wirelessly share data
There are three primary ways to use NFC technology: It’s also more automated than Bluetooth, which requires manual syncing of devices or device discovery before connection takes place. It uses a very specific RFID radio frequency of 13.56Mhz that’s only activated at close range. However, NFC payment differs because it requires close contact to function. You can compare NFC to similar technologies such as radio-frequency identification (RFID) and Bluetooth, both of which also enable devices to communicate wirelessly. While in the past you’d need a specialty card reader to accept NFC payments, with the advent of built-in NFC technology in new mobile devices that’s not always the case anymore.
A few examples of the NFC meaning in action include mobile wallets like Apple Pay and Google Pay, as well as tap-to-pay cards. In a nutshell, it allows two smart devices to connect and share data when held close together. The term NFC stands for near-field communication, and it is the technology that enables contactless payments. But what does NFC mean, and is it right for you? We’ll cover the NFC meaning along with its benefits below. Is your business using NFC payment technology yet? It’s not only convenient and secure, but you probably have everything you need to get started on your phone. From Bitcoin to banking apps, there are now more ways than ever to make and take payments.
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