How NFC technology works to make mobile payments

nfc

NFC technology enables two devices to share local high-frequency, short-range data chunks. It means "Near Field Communication", which translates as "Near field communication" and which is currently used by companies to buy wine and services.

What is NFC technology?

This technology is already embedded in things like traveler cards, smart cards, as well as print ads. Many of the Android and Windows phones Newer ones already come with this built-in technology, including the iPhone 6, iPhone 6 Plus, and Apple Watch.

The capabilities of NFC technology are now more relevant than ever, particularly when it comes to mobile payments. With this technology, two devices placed a few centimeters from each other can exchange data, however for this to take place, the two devices must be equipped with an NFC chip.

Technology can be used basically in two ways. The first implies that both devices can read and write to each other. In other words, with NFC, user can pair two Android devices to transfer data such as contact information, links, or images. This is known as "two-way communication."

Moreover, the NFC can also function as a powered device, be it a telephone, a travel card terminal or a credit card reader, that reads and writes to an NFC chip. In this way, when the traveler card is touched in the terminal, the NFC chip terminal subtracts the money from the balance written on the card.

Advantages of NFC technology

Unlike Bluetooth that allows you to do something similar, NFC technology consumes much less powerWhich is critical considering that one day mobile devices could replace wallets and then battery life would be more important than ever. Also, pairing two devices via Bluetooth is a waste of time.

At some point, most people will be paying for their things with their mobile phones, so NFC technology could become the ticket of the future. In addition, there are already many retailers that are incorporating NFC-based payment terminals.


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