An Explanation of NFC
Tags: Contactless / NFC, NFC, Retail
Source: Mobile Payments Today
Type: White Paper
Overview | Download

Near field communications (NFC) is described as self-contained microchips that can transmit information wirelessly over very limited distances. This white paper discusses how merchants can benefit from the use of NFC-equipped smartphones, including:

  • Increased customer satisfaction
  • Accelerated check-out speeds and increased transaction security
  • Streamlined ability to market directly to consumers
  • Integration between payments and couponing