Near Field Communication (NFC)
What is Near Field Communication (NFC)?
Near Field Communication (NFC) is a short-range wireless technology that allows two devices to communicate when they are within a few centimeters of each other. In payments, it is the technology that enables contactless transactions.
NFC allows a smartphone or a contactless card to securely transmit encrypted payment data to a terminal. It is the underlying technology for mobile wallets like Apple Pay and Google Pay.
Why It Matters
-
Powers the fast and secure tap-to-pay experience at checkout
-
Enables mobile devices to act as secure payment instruments
-
Uses encryption to ensure that sensitive data is not intercepted during transmission
-
Supports a wide range of applications beyond payments, such as digital keys