Google Pay, Apple Pay allowing the user to reduce the use of the physical wallet, NFC is capable of more.
Let’s have a look at insights.
NFC is an acronym for Near Field Communication technology which allows phones, tablets, and other devices to easily share data among other NFC-furnished devices.
The technology emerged from radio-frequency identification (RFID). RFID is following those safety scan cards that get the user into using this communication within everyday routine.
NFC doesn’t require any sort of manual device in order to get paired with any device to transfer the data. With NFC, a connection is by default initiated when another NFC device enters into that previously specified range.
Once the device is in range, the two devices instantly communicate and send prompts to the user.
Since there are several ways to use the NFC and features, Here I am explaining the best one among those.
NFC tags are small physical “tags” or “stickers” which consist of NFC chips that could be programmed to provide any kind of information to your smartphone.
Where it can be work as QR code scanners and retrieve the information associated with that QR code.
NFC can also be used to make mobile payments using a smartphone.
Just the user needs to scan the QR code as a price tag at the e-commerce store and the payment will get deducted from the associated account. Behind this NFC logic works very sharply.
NFC interaction results over the wind, and there is no real protection against eavesdropping and what is often regarded as man-in-the-middle attacks.
Nevertheless, due to the very close proximity required for NFC to work, these vulnerabilities are not such a big issue. After all, a thief would have to be within inches of your deceive to separate data via NFC.
If you are using Google Pay, you can rest assured that your credit card number is never broadcasted. Alternatively, an exclusive digital account number is used to identify your payment details.