An Overview of Near Field Communication and its Application in the Payment Sector


Roshni Sen, Student, Dr. Nagaraj Bhat, Assistant Professor
R.V. College of Engineering, Bengaluru.


With electronic payment systems becoming the quintessence of today’s technologically driven society, the integration of Near Field Communication (NFC) technology in this field has made the experience of consumers at point of sale (POS) terminals exponentially favorable. This technology, based on Radio Frequency Identification (RFID) and implemented to allow for short-range communication to be possible, has been adopted worldwide in a variety of applications and has enabled the secure bidirectional exchange of data between two NFC enabled devices. NFC allows communication between two NFC-enabled devices within a range of 10 centimeters. The integration of NFC into mobile devices has greatly increased the capabilities of mobile phones, with the potential to do even more. This occurrence has prompted a number of studies on NFC. At the same time, there are substantial issues about customer satisfaction, privacy, speed, and convenience, among other things.