Near Field Communication (NFC)
- Near Field Communication (NFC) is a new technology that allows customers to make
transactions, exchanges digital content and connects electronic devices simply by holding
a mobile phone enabled with NFC technology via onboard NFC chip or NFC sleeve, NFC
Micro SD card or NFC enabled SIM card to a contactless reader. Multiple accounts such
as credit, debit and prepaid bank accounts as well as loyalty programs, coupons, tickets
and more can be securely stored in an e-wallet GPP on a mobile phone and a user-friendly
menu allows customers to select the account they wish to access.
- In addition to managing
multiple accounts, NFC technology also allows users to access digital content embedded in
smart posters or billboards and allows users to transfer data to other NFC technology users
including electronic business cards, event/product information and coupons/tickets. With its
versatile nature, NFC is ideal for organizations for all industries including public transport,
retail, entertainment, banking, health and more.
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