By Ashley Jones, Global Payments Integrated
NFC, or near-field communication, refers to technology that allows enabled devices that are near each other to wirelessly share data. Near-field communication has become an important part of the technology behind mobile payments. This guide will discuss what it is, how it works, and the benefits for integrating this technology into the solutions you offer.
An Introduction to NFC
What is NFC?
NFC stands for near-field communication. This technology allows devices in close proximity to each other to easily communicate and share data. NFC has become a popular term in the payments industry in the last couple years with an increase in contactless payments via mobile wallets. NFC payments have increased in popularity because they provide a quick and simple way for consumers to pay, saving them time at checkout.
How Does NFC Work?
NFC technology evolved from radio frequency identification (RFID) technology. RFID can be used effectively at large distances, such as a pet microchip that can be scanned to identify a lost dog. NFC technology is more fine-tuned, operating at a range of about four inches or less. Chances are you have probably seen someone paying using their smartphone or smartwatch during checkout, and you may have noticed they had to wave their device near the payment terminal when paying via mobile wallet.